Major Crypto Lender Celsius Suspends Withdrawals, Bitcoin Drops Below $25,000

Major crypto lending platform Celsius on Monday announced it was suspending all withdrawals due to “extreme market conditions,” triggering a major selloff in the cryptocurrency market with Bitcoin dropping dropping more than 9%. In a blog post on Monday, Celsius said it was “pausing all withdrawals, [currency] swap, and transfers between accounts,” noting that it…