Coinbase, the largest cryptocurrency exchange in the USA, stated in its statement that it was aware that some users saw their account balances as zero and were experiencing problems with buying or selling.
In the statement made by the stock exchange, it was announced that the company's developer team was trying to solve the problem and stated that investors' funds were safe.
In addition, he explained that some users' sending and deposit transactions for altcoins on the Ethereum network were delayed, and the team started working to find a solution to this.
It is estimated that the problem in Coinbase is caused by the density that developed after the rising wave in Bitcoin today. Especially in the last minutes, volatility in the BTC price has reached incredible levels. Bitcoin, which climbed above $64,000, dropped to $60,200 with a sudden decline, but at the time of writing this article, it was traded at $61,268.
The world's largest cryptocurrency has increased by more than 8% in the last 24 hours, and the rate of increase in the last 7 days has exceeded 20%.
*This is not investment advice.