BREAKING: Coinbase App Goes Down Just as Bitcoin Skyrockets

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BREAKING: Coinbase App Goes Down Just as Bitcoin Skyrockets

The website of cryptocurrency exchange Coinbase apparently crashed just as bitcoin price continues to march higher towards three-year highs near $17,000 per coin.

Coinbase users trying to access their portfolio were met with a message that the site is “temporarily unavailable.”

Bitcoin price has been steadily climbing this month, partly in response to PayPal announcing it finally started allowing customers to buy and sell Bitcoin and other cryptocurrencies using their online wallets.

San Francisco-based crypto exchange has suffered a number of outages during busy trading periods this year, likely due to a massive selloff by whales and other investors.

The most notable incident came in March when crypto community was gearing up for the bitcoin supply squeeze, known as a halving, which also caused trading to halt.

Read more from the original article:

https://www.financemagnates.co...

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