Bitcoin Price Tumbles Nearly 10% as Coinbase Access Disrupted

[kreslik.news]

Bitcoin’s relentless ascension upwards in recent weeks was temporarily stymied today after several issues have cropped up at larger exchanges, including Coinbase, which saw account access temporarily unavailable. At this juncture it is unknown what the issue is and the status has caused a temporarily plunge in price of the cryptocurrency from a peak of $2800.

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Bitcoin had managed to summit a price of $2800, officially peaking near $2806, before it started to pare its recent gains, ultimately falling over -9.0 percent to trade at $2230 today. Interface problems are likely the ... (read more)