The website and mobile app of U.S. cryptocurrency exchange Coinbase are down as bitcoin is nearing $17,000, within striking distance of its all-time high of $19,665 set in 2017.
- According to a company update, a fix has been implemented and the company is “investigating this issue.”
- Coinbase has suffered a number of outages during busy trading periods this year including most recently on Oct. 27.
- The outage comes at a time when bitcoin has been fast approaching new highs not seen since Jan 7. 2018.
- At press time, bitcoin was at $16,834, up 6.27% over the last 24 hours.
Read more: Coinbase Goes Down as Bitcoin Approaches 2019 Highs