Cryptocurrency exchange Coinbase started experiencing technical issues earlier today, with trades “intermittently failing.”
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According to the exchange’s status page, the issue has been identified.
At press time, the exchange is in the process of implementing a fix.
A massive sell-off
In the meantime, the cryptocurrency market is currently in the middle of a massive sell-off, with Bitcoin being just a hair’s breadth away from slipping below the pivotal $20,000 level. It is on track to record its worst day since June.
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Tue, 09/13/2022 - 18:56
DOGE, ADA, BTC Plunge as Nomura Predicts 100-Basis-Point Rate Hike
The cryptocurrency market has been hit extremely hard by a fresh Consumer Price Index (CPI) report that showed higher-than-expected inflation.
Cryptocurrencies predictably plunged together with stocks. The Nasdaq-100 index is down 5.73%.
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Vladislav Sopov