Coinbase Disabled and Down: BTC reacts by tanking

Coinbase was down for some users starting early this morning, and as of 8:35 AM PST, the Bitcoin sales site made an official announcement. As a result of Bitcoin prices falling this morning, Coinbase went down. As a result of Coinbase going down, Bitcoin prices fell further. It’s a vicious cycle, a vicious cycle indeed! “Due to today’s high traffic, …