Binance Delisting on Binance Alpha Triggers Double-Digit Slump in Multiple Altcoins

Binance announced the removal of 21 tokens from its Binance Alpha platform, after which several of the affected altcoins recorded sharp double-digit losses and some dropped by around 70–80%. The exchange also recently paused Ethereum network deposits and withdrawals for an upgrade and expanded spot trading pairs for the U stablecoin over the past few months.