## Bithumb Suspends XRP Withdrawals Temporarily Bithumb, one of the largest cryptocurrency exchanges, has temporarily suspended withdrawals of Ripple (XRP). The exchange made the announcement on its official website, stating that the decision was made due to a surge in withdrawal requests. According to Bithumb, the increased demand for XRP withdrawals has led to delays in processing. The exchange emphasized that all withdrawal requests are being processed sequentially and that users will be notified once the situation returns to normal. This temporary suspension of XRP withdrawals comes amidst a period of high volatility in the cryptocurrency market. XRP has seen significant price fluctuations in recent weeks, and the surge in withdrawal requests may be related to investors seeking to secure their holdings or take profits. Bithumb is a popular cryptocurrency exchange in South Korea, known for its high trading volumes and support for a wide range of digital assets. The exchange's decision to suspend XRP withdrawals is likely to have a ripple effect on the wider cryptocurrency market.

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