Coinbase Outage as Bitcoin Surges Past $65,000, $COIN Up 6%

Sep 26, 2024, 05:44 PM

Coinbase experienced an outage on September 26, 2024, as Bitcoin surged past $65,000. The outage affected many users, causing disruptions in trading activities. Coinbase, led by CEO Brian Armstrong, holds more than a tenth of all Bitcoin ever minted. The surge in Bitcoin's value coincides with the beginning of a new bull market, as indicated by several market observers. Despite the outage, Coinbase's stock ($COIN) saw a 6% increase. Coinbase is down.