Coinbase investigating system outage as crypto prices slide

Crypto prices have declined following an outage, with Bitcoin falling 1.8% to $61,975 and Ether dropping 1.4% to $2,913 as recorded at 3:11 pm in Singapore on Tuesday. The outage at Coinbase disrupted trading through its website and mobile app. Such outages are not uncommon in the digital asset realm, often occurring when blockchain network traffic surges or other technical issues emerge, highlighting the vulnerability of exchanges in the cryptocurrency market.