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Bithumb faces temporary XRP withdrawal delays as volume increases

The cryptocurrency exchange Bithumb in South Korea has experienced delays in processing withdrawals of the cryptocurrency XRP due to a surge in transaction volume. Withdrawals are being processed on a first-come, first-served basis as the exchange works to resolve the issue. The delay comes as the overall cryptocurrency market is facing significant volatility, with Bitcoin and XRP both experiencing price drops. Users are advised to stay updated on official statements and updates regarding withdrawal processing times.

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