https://news.bitcoin.com/kraken-coinbase-gdax-poloniex-technical-difficulties
After testing $3000 USD, bitcoin entered a sharp retracement which saw several major bitcoin exchanges experience significant technical difficulties.
The Problems Experienced by Exchanges May Have Contributed to the Intensity of Yesterday’s Crash
All eyes have been on bitcoin in recent days, as btc ramped up to establish new highs and test the key area of $3000. When the area failed to hold prices began to retrace – triggering a crash of up to approx. 20 percent in just a few hours. Kraken, Coinbase, Gdax, and Poloniex were all reported to be experiencing technical difficulties during the crash – leaving many traders unable to manage or exit their positions.
The problem of cryptocurrency exchanges experiencing technical difficulties has been a persistent theme throughout 2017’s dramatic bull trend. Following a 600% rise in trading activity and several ddos attacks, Poloniex has had numerous issues in recent months. Complaints of slow loading speeds and trade executions, drastic slippage, and errors while attempting to log in during critical periods of high volatility have been widespread. Coinbase, Gdax, and Kraken have garnered criticism from traders too, with reports of users struggling to access their accounts during moments of intense volatility during bitcoin’s recent uptrend being widespread.
https://news.bitcoin.com/kraken-coinbase-gdax-poloniex-technical-difficulties
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