Earlier we reported that Elon Musk had added Bitcoin to his twitter profile, and thus exposing his 49 million followers to the cryptocurrency.
The price of Bitcoin jumped by $4000 right after being added to Musk’s twitter profile.
Apparently, somebody was caught off guard, in what appears to be a response to the quick jump in the Bitcoin price, Coinbase has temporarily halted the buying of Bitcoin on its platform.
A screenshot from Coinbase was tweeted by Documenting Bitcoin.
Twitter user Prof. Dr. Benjamin F. Schaarschmidt replied to the tweet stating the Binance exchange had also temporarily halted Bitcoin buying.