JUST IN: Coinbase crypto trading remains down for over 5 hours as outage continues.

Coinbase experienced a significant outage, with its crypto trading platform down for over five hours. This disruption can lead to a deterioration in risk appetite among traders, as operational reliability is critical in the volatile cryptocurrency market. The affected asset, COIN, may see increased selling pressure as users lose confidence in the platform's stability and seek alternatives. Traders will be particularly attentive to Coinbase's updates regarding the resolution of the outage and any potential impacts on trading volumes and market liquidity.

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