Home » Bitcoin Price Drops to $1,400 Shortly After Crash Coinbase

Bitcoin Price Drops to $1,400 Shortly After Crash Coinbase

Bitcoin price dropped to $1,400 shortly after a crash Coinbase crypto exchange. Coinbase first reported that it was investigating an issue in which its API and website were not functioning properly at 1:47 p.m.
news - Bitcoin Price Drops to $1,400 Shortly After Crash Coinbase

Bitcoin price dropped to $1,400 shortly after a crash Coinbase crypto exchange.

According to the daily chart of bitcoin price on Coin360, bitcoin’s price and market cap began to plummet around 1:25 p.m. PST, just minutes before Coinbase’s first announcement.

At press time, bitcoin seems to be recovering slightly from the dip, up 0.71% in the past hour and still up 9.48% on the day, according to data from CoinMarketCap. Bitcoin is currently trading at $12,690.

As a reminder, Coinbase first reported that it was investigating an issue in which its API and website were not functioning properly at 1:47 p.m.

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