As Bitcoin & Ethereum Fall, Coinbase Goes Offline & GDAX Halts Trading

As Bitcoin and Ethereum take a tumble, the spike in user traffic at both Coinbase and GDAX have resulted in outages and trading freezes respectively.

On Monday at the time of press, bitcoin is down nearly 7.5% on the day while Ethereum is closer to a significant 20%, driving opportunistic investors to partake in a buying frenzy while prices fall.

The ensuing traffic on Coinbase and GDAX, an exchange operated by Coinbase for more professional traders has impacted both websites.

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I wonder how many more times this needs to happen before they improve their systems and support infrastructure.

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