Bitcoin continues to crater after popular cryptocurrency trading platform Coinbase's outage on Wednesday.
The cryptocurrency climbed to a high of $13,485.85 Wednesday afternoon, its highest price since January 2018, according to industry site CoinDesk, before starting to drop.
Bitcoin is up more than 200% so far this year but prices are still well off of their all-time highs of $20,000 that were reached in December of 2017. In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is displayed on April 03, 2019 in Paris, France.Bitcoin continues to crater after popular cryptocurrency trading platform Coinbase's outage on Wednesday,
The cryptocurrency climbed to a high of $13,485.85 Wednesday afternoon, its highest price since January 2018, according to industry site CoinDesk, before starting to drop.A Coinbase spokesperson told CNBC that the site was down "for a short period of time due to high volume."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
StockX Raises $110 Million and Is Now Valued at $1 BillionThe 'stock market of things' known for its hype-driven selection of sneakers, luxury handbags, watches and streetwear is the latest resale company to close a major funding round.
Read more »
Inside Italy's $1 billion marble mountains that produce more tons than anywhere else on EarthThe Carrara marble market is worth over $1.1 billion and produces 4 million tons of marble every year, with 13,000 people involved.
Read more »
Salesforce Explores Blockchain To Stop Racist, Sexist Robots From Ruining $1 Trillion OpportunityA Salesforce executive revealed a previously unknown project to use blockchain as a way to prevent sexist and racist algorithms by DelRayMan
Read more »
StockX, Hub for Sneakerheads, Is Latest $1 Billion UnicornStockX, an online marketplace that lets individuals trade sneakers like stocks, closed a round of venture funding that valued the startup at more than $1 billion, riding the sneaker-reselling craze fueled by teens.
Read more »
City of Hope to invest $1 billion in new Irvine cancer hospitalCity of Hope will invest $1 billion in a new hospital and research center on the site of a former air base in Irvine that will enhance the way cancer care is delivered in the region.
Read more »