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Cryptocurrency trading platform Coinbase is facing technical problems in some trading operations

Cryptocurrency trading platform Coinbase is facing technical problems in some trading operations

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Answer Cryptocurrency trading platform Coinbase is facing technical problems in some trading operations

Cryptocurrency exchange Coinbase ran into several technical issues earlier today, with intermittent failures to process and complete trades.

According for page Platform status, problem identified and resolved.

According to observers, it is the volatility and high volatility of the bitcoin price that contributed to the disruption and the emergence of technical problems in the platform.

At the time of publishing this article, the platform is back to working normally with bugs and issues that have appeared.

The crypto market has seen heavy selling.

Currently, Bitcoin is struggling to stay above the $20,000 level and if it doesn’t maintain it, it could record its worst month in years.

Read:Is Binance ready to launch leveraged trading?

The cryptocurrency market has been hit hard by a new Consumer Price Index (CPI) report which showed higher than expected inflation.

As cryptocurrency prices fell along with the stock market.

Read:One of the largest European banks intends to launch a platform for trading cryptocurrency

The Nasdaq 100 slumped and fell 5.73%.

Read also:

BitGo demands more than $100 million from Galaxy Digital…Details here

Is Bitcoin really a way to hedge against inflation?


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