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Coinbase Customers See Zero Balances Once more as Bitcoin Nears Document

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Coinbase Customers See Zero Balances Once more as Bitcoin Nears Document

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Crypto exchanges usually expertise glitches throughout sharp strikes in Bitcoin, the world’s largest cryptocurrency primarily based on market worth.

A flood of merchants are inclined to go onto such platforms to participate available in the market motion.

Final week, Coinbase had an inflow of site visitors that was greater than 10 instances its typical quantity, the corporate mentioned.

Bitcoin rose as a lot as 7.5% Monday, hovering close to $67,000 and approaching its all-time excessive of practically $69,000.

 (Credit score: Bloomberg)

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