Coinbase goes offline as Bitcoin price crashes

posted 11 months ago
The price of Bitcoin suddenly crashed on Wednesday, losing 15% in one day, and one of the world’s most prominent cryptocurrency exchanges failed to handle the load of users scrambling to salvage their profits – or buy the perceived dip.

Traders found themselves out of luck, as the premiere US cryptocurrency exchange suffered a dreaded outage that had frequently upset traders during the 2017 bull run – and the early market 2018 crash. As of 5:12 pm ET, Coinbase still reported platform outages.
Tags: bitcoin, news