Investing
Bitcoin Breaks Records, and the Exchanges Where It’s Traded
Cryptocurrency platforms have experienced disruptions coinciding with rapid price increases throughout the past year.
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Bitcoin’s historic rally is causing growing pains for the platforms where it’s traded, leaving investors unable to buy or sell the digital currency for hours at a time.
As Bitcoin surpassed $40,000 for the first time on Thursday, the most widely used cryptocurrency platform was buckling under pressure. Coinbase said it’s investigating connectivity issues on both its web and mobile apps.