Crypto exchange Coinbase has denied rumors that it has implemented a $5,000 per week limit on Bitcoin withdrawals. The rumors began after a user claimed on social media that they had encountered this restriction when trying to withdraw Bitcoin from Coinbase. However, a spokesperson from Coinbase stated that these claims were inaccurate and that there was no such policy in place. The spokesperson clarified that the ability to withdraw from Coinbase depends on the payment method being used. Coinbase experienced some trading difficulties around the same time as these rumors surfaced, but the issues were quickly resolved. The exchange’s status page confirmed that the problem had been fixed and that trading activity was being monitored. This incident occurred during a period of high trading activity, with the price of Bitcoin reaching levels not seen since the previous year.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	Global
Countries
Sentiment	neutral
Relevance Score	1
People	Colin Brown
Companies	X (formerly Twitter), Coinbase, Cointelegraph, Base network
Currencies	Bitcoin
Securities	None