Date: 2024-02-29T14:53:32Z Creator: Bitfolio Academy
Yesterday, the world of cryptocurrency was set ablaze as a fervent rush of enthusiasm and bullish energy surged through Coinbase, igniting a frenzy of trading activity! Coinbase couldn’t withstand the fiery passion of the crypto community. For more than an hour, Coinbase was brought to its knees, experiencing a blackout. Traders were left in suspense, staring in disbelief as their accounts shockingly displayed a zero balance.
Panic swiftly spread like wildfire, fueling panic selling. The ramifications echoed across the entire crypto community. Bitcoin found itself in a freefall, plummeting from $64,000 down to $59,000 in mere sixty minutes.
The heart of the chaos was a massive surge in trading that overwhelmed Coinbase while Bitcoin’s price skyrocketed to $64,000.
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