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

Sep 26, 2024, 05:36 PM

Coinbase, one of the central players in the cryptocurrency market, experienced an outage as Bitcoin surged past $65,000. The platform, founded by Brian Armstrong, holds more than a tenth of all the Bitcoin ever minted. This outage coincides with a significant uptick in Bitcoin's value, marking a potential beginning of a new bull market. Despite the downtime, Coinbase's stock ($COIN) rose by 6%, reflecting positive investor sentiment. Coinbase was down for some users as $BTC topped $65K.