Bitcoin plunged from its top near $13,880 to $11,794. At the time of writing, the cryptocurrency has recovered somewhat and is trading for about $12,600, according to numbers from Bitstamp.
Just a few minutes before the fall began, the big American crypto exchange Coinbase crashed. The site was up again after about one hour. It’s hard to say if the crash had a negative effect on bitcoin’s price, Cointelegraph reports