Some of the biggest cryptocurrency exchanges were experiencing technical issues Monday after Tesla's (TSLA) announcement of a $1.5 billion bitcoin investment saw prices rally to new highs over $44,000.
- Binance disabled withdrawals for a short period, but at press time the exchange said these are once more functional.
- As the news quickly spread, bitcoin prices rose around 15% to a new all-time high of $44,801.87, per CoinDesk 20 data. At press time, the cryptocurrency was trading around $43,640.
CORRECTION (Feb. 8, 18:00 UTC): Corrects to remove Coinbase from list of affected exchanges. Coinbase reported no new issues today.
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