Cryptocurrency Q&A
What happened to Bitcoin after Coinbase outage?
What happened to Bitcoin after Coinbase outage?
Pietro
Wed Jul 17 2024
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7 answers
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Just recently, Coinbase, one of the leading cryptocurrency exchanges, experienced an outage that left traders scrambling. Could you elaborate on the impact this outage had on Bitcoin specifically? Did we see any significant fluctuations in price? Were there any delays in transactions? Did investors lose confidence in the market, or did they see this as a mere technical glitch? I'm particularly interested in how this event might have affected Bitcoin's overall position in the cryptocurrency landscape. Your insights would be greatly appreciated.
7 answers
CryptoWizardry
Fri Jul 19 2024
Post the recent outage, Bitcoin's price underwent a significant drop.
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ZenBalanced
Fri Jul 19 2024
From approximately $64,000, it plummeted to around $59,500.
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HanbokElegance
Thu Jul 18 2024
Users have expressed dissatisfaction and disappointment, while observers have been quick to criticize.
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GyeongjuGlory
Thu Jul 18 2024
This swift decline erased most of the gains that Bitcoin had accrued in a single day.
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Elena
Thu Jul 18 2024
Coinbase, a leading cryptocurrency exchange, has encountered similar issues in the past.
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