Mercado Bitcoin plans phased customer service restart

Mercado Bitcoin is preparing a phased reopening beginning Monday, according to Cointelegraph. The exchange says customers will first regain the ability to view their holdings, while withdrawals and trading will remain suspended while security checks are conducted. It also says it will cover losses, although the summary does not specify the scope, calculation method or payment process for that commitment. As the only supplied outlet, Cointelegraph provides the sole account of the reopening plan and loss coverage. No additional reporting is available to corroborate the timing, operational sequence or reimbursement terms, and the source material gives no details about what prompted the suspension or the nature of the security checks. The announcement concerns access to customer funds and services rather than a broader change in cryptocurrency markets. The initial reopening is therefore limited to viewing holdings, with withdrawals and trading unavailable until the security review advances. How quickly those functions return, and how the promised loss coverage is applied, remain the central operational details to watch. Broader cryptocurrency conditions were comparatively firm during the reported period. Bitcoin was priced at $80,496, gaining 4.56% over 24 hours but declining 0.97% over seven days, with a market capitalization of $1.62 trillion. The total crypto market capitalization stood at $2.76 trillion, the overall market was broadly higher, and the Fear & Greed Index registered 50, corresponding to a neutral reading. Those figures provide market context but do not indicate how long Mercado Bitcoin’s phased reopening may take.