Bitcoin has spun over millions of millionaires in recent years as its value has skyrocketed since its inception more than 10 years ago, but for some time on Tuesday, investors are quite wealthy, at least on paper, due to obvious display issues. became.
Cryptographic sites, including the digital asset exchange Coinbase GlobalCOIN,
And CoinMarketCap.com acknowledged the issue of some displayed citations of the most popular cryptocurrencies, including Bitcoin BTCUSD.
On the Ethereum blockchain.
environment: Coinbase and CoinMarketCap easily show price actions for volatile cryptocurrencies
Read again: The crypto market is worried about the Fed’s meetings and high inflation. This is the reason.
The popular data site CoinMarketCap.com has shown that one Bitcoin is temporarily trading at around $ 778,000,000,000, while the actual price at the stadium is $ 48,000.
One of the founders of dogecoin DOGEUSD,
Billy Marcus said on Twitter that Snuff made him an “unrealized $ 400 million,” and Doge’s value soared from about 19 cents displayed on sites such as CoinDesk to $ 194,509.
Coinbase was displaying error messages on the site for at least some users.
Even stablecoins intended to be fixed in fiat currencies such as the euro EURUSD
Or US dollar DXY,
Showing a rare price quote.
One unit of the famous Stablecoin Tether displayed a price of about $ 14 million, even though it was actually intended to hold for $ 1. Another stablecoin, USDCoin, was displayed for about $ 12 million, showing CoinMarketCap and other sites.
The call to the Coinbase representative wasn’t returned immediately, but the platform showed that the issue was resolved via Twitter.
The call to CoinMarketCap wasn’t returned either, but the glitch was fixed on the site at the time of publication.
Some cryptocurrency buyers complained about how they responded when they tried to withdraw their bloated funds. Others have joked about the difference between CoinMarketCap’s quote and the actual net value.
Display issues occur about a week after cryptocurrencies faced a flash crash over the weekend and the value of various digital assets dropped significantly.
This issue seems to be almost entirely related to false quotes, not true price fluctuations in the crypto market.
check out: “Perfect Storm” as Bitcoin is staged a weekend crash and is on the verge of “breakdown”. This is what the crypto bull says.