Bitcoin surged to $64,058 in just 10 hours, a 12% increase from $57,213.
Crypto exchange Coinbase crashes due to technical issues after BTC touches $64K.
The crypto market titan Bitcoin (BTC) has entered a bullish streak, achieving a significant breakthrough by exceeding the $64,000 zone for the first time since November 2021.
BTC’s rally continued as it peaked at a new yearly high of $64,058 on February 28, marking a 12% price surge in just 10 hours, rising from $57,213. This month alone, Bitcoin has seen an astonishing 50% increase, largely fueled by investor interest in spot ETFs.
Following the BTC pump, one of the largest crypto exchanges, Coinbase, appears to have crashed, prompting user notifications and acknowledgment of the issue. The exchange’s status page indicates an ongoing investigation, with some users possibly experiencing zero balance in their accounts.
(Source: Coinbase)
Why is Bitcoin (BTC) Soaring?
Bitcoin is experiencing an uptick driven by sever
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