April 26, 2024

While bitcoin was updating its price high, Coinbase stopped trading

US cryptocurrency exchange Coinbase halted trading overnight as Bitcoin neared2019 high of about $ 13,880.

According to the Coinbase website, "trading was halted due to loading issues." Subsequently, the order books were switched to "cancel only" mode.

“We are currently studying the problem,” the exchange writes.

Coinbase has repeatedly faced disruptions in increasing volatility of the cryptocurrency marketThe last such case, according to the information on the exchange's service page, was recorded on September 4.

4 minutes before Coinbase's official announcement of the suspension, the price of bitcoin reached a local high of about $13,780, then rolled back below $13,600.

</p>

At 03.24 Moscow time, Coinbase began to resume trading in a limited mode.

</p></p>