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Coinbase Suffers Temporary Outage as Bitcoin Soars as High as $8,900

Coinbase experienced a temporary outage as daily volume spiked to over $320 million amid bitcoin’s rally to $8,900.

Bitcoin’s price jumped 15 percent Wednesday, rising from $7,700 to over $8,900 in 17 hours. (Credit: CoinDesk’s Bitcoin Price Index)
Bitcoin’s price jumped 15 percent Wednesday, rising from $7,700 to over $8,900 in 17 hours. (Credit: CoinDesk’s Bitcoin Price Index)