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Cryptocurrencies: The reasons for last week's fall

15/09/2021
Categories: Economy/Forex

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Glitches have sent trading volume and prices for cryptocurrencies such as bitcoin teetering, Reuters reports. The drop observed last week is attributed to several situations that have impacted the market.

Between outages and delays at crypto-asset trading platforms powered by blockchain technology, cryptocurrency prices have seen drops over the past week. Online digital currency company Coinbase has claimed that a few transactions on its exchange have been delayed or canceled due to errors in its application. For its part, the Gemini market indicated that it had to carry out a complete maintenance to correct performance problems. The stock values of platform providers and other companies related to the cryptocurrency industry have also been affected.

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