Coinbase is down in the middle of a massive cryptocurrency plunge

The cryptocurrency Coinbase is “partial” downtime this morning for his entire site and app. In addition, both Coinbase and Binance report problems that focus specifically on removing the Etherium and ERC-20 marks this morning due to network congestion.

“We see some Coinbase and Coinbase Pro issues and know that some features may not work completely normally. We are currently investigating these issues and will provide updates as soon as possible,” Coinbase commented in a statement.

Maintenance is taking place amid a massive cryptocurrency of the cryptocurrency last week – and especially over the last 24 hours – with the price of some of the most popular cryptocurrencies, such as Bitcoin, Etherium and Dogecoin, falling rapidly. Since its release, Bitcoin has fallen nearly 30 percent to $ 31,000; The Ethereum fell 40 percent to $ 2,424, and the meme coin Dogecoin fell nearly 45 percent.

In its S-1 application, Coinbase specifically stated that “sudden changes in volatility or market movement can lead to extreme pressures on our platform and infrastructure, which can lead to unintentional service interruptions in parts or all of the platform.”