Coinbase Goes Down as Bitcoin Approaches 2019 Highs
Coinbase has halted trading on its platform as bitcoin rises to 2019 highs.
Updated Sep 14, 2021 at 10:24 a.m. UTC
![Coinbase CEO Brian Armstrong speaks at Consensus 2019.](https://www.coindesk.com/resizer/l0tYCXhGY7xW_hU0R7gpc7tbma8=/567x339/filters:quality(80):format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/J7P3VJNWHVE4DDH7KS6V33BKTQ.jpg)
U.S. cryptocurrency exchange Coinbase has disabled trading due to feed issues amid bitcoin's ascension towards 2019 highs near $13,880.
- According to a company update on Wednesday, Coinbase said it is "currently investigating the issue," but no further comment was provided.
- Coinbase has suffered a number of outages during busy trading periods this year including on Sept. 4, the last time an outage caused trading to halt, according to the company's status page.
- The outage comes at a time when bitcoin has been fast approaching new highs not seen since June 26, 2019.
- "All updates will be posted in the link," Coinbase Senior Manager of Communications Crystal Yang told CoinDesk via email.
![Coinbase out](https://www.coindesk.com/resizer/-HL7JV0QAL4GHIU0FXUB0Fm41-8=/560x231/filters:quality(80):format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/DGMAUWBNFREDHJVM24XPLLXMMM.png)