Coinbase, Binance and Kraken are totally down right now due to Bitcoin, the most famous cryptocurrency, probably because many users are currently trying to enter their usual platform to try to get rid of their assets.
It is not a good day for cryptocurrencies, but it is a trend that we have been seeing for a few days, when Tesla stopped admitting Bitcoins for the purchase of its cars, at the same time that today China reaffirmed itself to continue vetoing payments with Bitcoins.
For all this, there has been a sharp decline in the value of Bitcoin, but also in other well-known cryptocurrencies, a scenario that has meant that many have decided to sell at least part or all of what they have invested in them.
In Coinbase, for example, one of the most important services for the purchase and sale of cryptocurrencies, service cuts are occurring, sometimes it works and sometimes it does not, in fact, they are already investigating what happens to solve it as soon as possible.
The same happens to Binance and Kraken, they are also down, they suffer problems and customers who try to carry out some type of operation could find incidents that prevent them from doing anything. It does not seem by chance that all these platforms have gone down at once.
Those announcements and the fall in the value that cryptocurrencies are facing in the last hours seem to be the reason why these services are falling, the avalanche of users could be quite significant to sell their assets and that would be collapsing everything.
The falls occurred a little over 1 hour ago, but at this time in the afternoon the incidents have not yet been solved, so it is likely that if you try to enter Coinbase, Kraken or Binance to perform some type of action, you will surely you come across bugs.
Remember that cryptocurrencies are a very volatile value that many have warned about because it is a risky investment with which you can earn a lot, but also lose a lot. It is a constant roller coaster, tomorrow they can be worth a lot and last time very little.
Any message or news related to Bitcoin and similar cryptocurrencies can have a negative impact on their value, something that is happening now, many investors are seeing how they lose money and are probably rushing to sell all at once, which could be causing the fall from Coinbase, Binance and Kraken, among others.