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First Mover Asia: What Analysts Are Saying After Crypto Lender Celsius Paused Withdrawals; BTC Drops Below $23K

Some observers of digital asset markets criticized the move but others said that Celsius could be protecting user funds; ether plummets 17%.

Updated May 11, 2023, 6:41 p.m. Published Jun 14, 2022, 12:43 a.m.
Analysts responded differently to Celsius' announcement. (CoinDesk archives)
Analysts responded differently to Celsius' announcement. (CoinDesk archives)