欢迎来到 阳泉市某某投资咨询有限责任公司
全国咨询热线: 020-123456789
新闻中心
Coinbase halts trading as Bitcoin loses value
  来源:阳泉市某某投资咨询有限责任公司  更新时间:2024-10-30 08:24:14

Coinbase -- the largest Bitcoin market in the U.S. -- has disabled all buying and selling as the digital currency Bitcoin dramatically loses value.

At 11:11 a.m. EST, Coinbase posted that it had temporarally disabled trading:

All buys and sells have been temporarily disabled. We are working on a fix and apologize for any inconvenience.

About 25 minutes later, at 11:35 a.m. EST, the company said it's still monitoring the problem:

Mashable Light SpeedWant more out-of-this world tech, space and science stories?Sign up for Mashable's weekly Light Speed newsletter.By signing up you agree to our Terms of Use and Privacy Policy.Thanks for signing up!

Due to today's high traffic, buys and sells may be temporarily offline. We're working on restoring full availability as soon as possible.

This "high traffic" is largely in reference to activity in the Bitcoin market. Bitcoin is the world's highest-valued currency, as one Bitcoin hit nearly $20,000 this December.

SEE ALSO:Bitcoin just made the Winklevoss twins billionaires

But it's lost about a quarter of its value in the last 24 hours and the fickle currency is now trading at around $12,874 -- and some exchanges around $11,000.

Other cryptocurrencies have followed the pattern: Ethereum, Litecoin, and Bitcoin cash have all lost a quarter of their value over the last day.

All of this frenetic activity likely overburdened Coinbase's services -- something it might better account for going forward: New currencies are inherently unstable, and the today's cryptocurrencies will be swinging up and down for quite some time.


Featured Video For You
Here's what you need to know before you buy bitcoin

Copyright © 2024 Powered by 阳泉市某某投资咨询有限责任公司   sitemap