Bitcoin is approaching $ 111,200 after Coinbase stopped star-news.press/wp
Bitcoin (BTC) rose to $ 111,000 in the early hours of the Asian session on Thursday. However, investors may have seen this coming, amid a familiar decrease.
Since the main stock exchange in the United States has seen temporary communication problems, Crypto Twitter has sparked a large gathering predictions that seem to be realized in actual time.
Coinbase bilateral fuel crazy climb up
Reports on X (Twitter) indicate that Coinbase’s exchange suffered from a time stopping in the early hours of Thursday. However, unlike the typical reaction among investors, the participants in the encryption market remained optimistic whenever these incidents occur.
“Coinbase is idle. OGS knows what this means. Full … Send is download,” books Cryptocurb, famous user on X.
The user joined a long list of members of society who seized the moment of M and similar, and the enthusiasm is soon distributed through the encryption circles.
The feeling of panic was not, but the excitement, while restoring the price of bitcoin at the psychological level of $ 111,000 within hours.
As of the writing of these lines, the encrypted pioneer has been traded at $ 111,172, an increase of approximately 2.5 % in the past 24 hours. I reached the highest new level (ATH) in the Binance exchange after it is at the top of 111,999 dollars.
Meanwhile, Coinbase staff also joined Fray. Viktor Bunin, a company’s protocol, answered the tongue optimism in the cheek.
The background of the market supported enthusiasm, with the mutation coming just hours after FOMC minutes on Wednesday indicating a possible price reduction at the July 30 meeting.
Likewise, on July 9 alone, the investment funds circulated in Bitcoin witnessed $ 218 million in net flows, representing the fifth consecutive day for institutional accumulation. Ethereum was not far, with 211 million dollars In net flow and increasing attention from American asset managers.
“Coinbase has decreased, while BTC has $ 4 billion in investment funds circulating today. Full mental! It seems that a big transmission is an expatriate! Girl.
In addition to conspiracies, Coinbase posted a hidden tweet in the middle of time, with the only Bitcoin symbol without any explanation or comment. For experienced merchants, the signal was clear.
However, the skeptics questioned the timing, specifying that it is often a step calculated by Coinbase whenever there is an increase in the activity.
“Coinbase always” decreases “when there is a little activity. You have to think they are doing it on purpose … After all this time and the resources they have, you cannot tell me that they do not have the IT team able to keep it,” one of the users. challenge.
However, the frequent stopping has become part of the folklore in the bull market in Coinbase amid an increase in activity. For many traders, Coinbase is now viewed as difficulty instead of infrastructure failure.
Feelings about Bitcoin look more reflexive than ever. Whether it is a coincidence or not, the reaction to the last stumbling on the stock exchange reflects a hungry market for more upward trend.
Disintegration
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2025-07-10 06:26:00
