THELOGICALINDIAN - The afflicted trading app has aloof fabricated addition above bloomer Crypto trading has been apoplectic as Dogecoin adventures a agitated amount acceleration
Robinhood is blocking crypto trading, and Coinbase is additionally briefly bottomward due to outsized traffic.
Robinhood in Another Crypto Fail
It’s been an active anniversary for the markets, not atomic Robinhood.
The app aloof apoplectic crypto trading.
Dogecoin, which has previously been available on Robinhood, is up about 400% today. Meanwhile, Bitcoin has risen accomplished $37,000 back Elon Musk tagged the currency in his Twitter bio.
Yesterday, Robinhood sparked altercation by banning trading on Dogecoin and Gamestop. Retail investors flocked to the app to buy GME stocks as allotment of a accommodating abbreviate clasp adjoin Melvin Capital and added barrier funds. A ample allotment of the grassroots campaign was organized on the subreddit /r/wallstreetbets.
The abnormality fabricated account about the world, and the accumulation autonomous to about-face to Dogecoin next.
The asset again took a aciculate ascendance today. It’s climbed into the leaderboard of the top 10 cryptocurrencies by bazaar cap, according to CoinGecko.
Source: TradingView
Elon Musk, accepted for his sometimes acrid crypto takes on Twitter, got complex by tweeting “Gamestonk!!” on Tuesday. He again fabricated a alternation of tweets and afflicted his bio to “#bitcoin.” Bitcoin is now up about 20% today.
Likely due to the billow in activity, Coinbase is additionally bottomward at the time of publication.
Disclosure: The columnist captivated cryptocurrencies at the time of press.
