Updated May 11, 2023, 6:22 p.m. Published Apr 19, 2022, 2:50 p.m.
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Cryptocurrency exchange Bitfinex reported it had to “temporarily halt trading” on Tuesday, following an issue with the platform.
“We are investigating issues with the platform and have to temporarily halt trading,” Bitfinex wrote in a tweet. “We apologise for the inconvenience.”
The exchange was down for about two hours starting around 11:00 UTC. It was back online shortly after 13:00 UTC.
“A minor glitch occurred during an internal server update,” a Bitfinex spokesperson told CoinDesk in an email. “As a precautionary measure, and given that current market conditions are not volatile, we paused trading to investigate further. Trading has now resumed.”
During the time Bitfinex was offline, the price of BTC$96,655.99 fluctuated from as high as $41,030.21 to a low of $40,665.31 on rival exchange Coinbase, according to data compiled by TradingView.
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