Poloniex change goes down on the point of new Bitcoin all-time excessive

With a brand new all-time worth excessive in sight for Bitcoin, crypto change Poloniex just lately went offline.

“Poloniex is presently unavailable attributable to an surprising problem,” the change’s buyer help Twitter web page said on Friday. “We’re investigating the difficulty and can maintain you up to date right here all through.”

Bitcoin has yielded exuberant upward worth motion in latest weeks, in addition to catching growing attention. When visitors turns into dense on exchanges, their methods generally go down, locking out merchants. This has occurred with different exchanges in the past as nicely, together with BitMEX and Coinbase.

“Poloniex is now out of upkeep mode,” Poloniex posted in a follow-up tweet. “Our spot and margin markets are in post-only mode and withdrawals are quickly unavailable.” A subsequent update acknowledged the return of futures contract buying and selling on the platform.

In the meantime, Bitcoin remains painfully close to its all-time worth excessive close to $20,000. This yr has seen a major quantity of mainstream monetary consideration on the asset. Paul Tudor Jones, Jack Dorsey’s Sq. and MicroStrategy have all jumped on board, buying big positions in the digital coin.

Cointelegraph reached out to Poloniex for extra particulars, however obtained no response as of press time. This text can be up to date accordingly ought to a response are available. 

UPDATE Nov. 20, 22:03 UTC: This text has been up to date, reflecting Cointelegraph’s request for remark.