Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Today in crypto, a Cloudflare outage temporarily blocked access to several cryptocurrency platforms and social media sites. A large cohort of spot Bitcoin exchange-traded fund (ETF) investors is underwater as Bitcoin dipped further below $90,000, while Bitwise’s Matt Hougan and BitMine’s Tom Lee have tipped a bottom this week.

Several cryptocurrency platforms and social media channels reported network disruptions on Tuesday after a Cloudflare incident temporarily blocked access to the front end of numerous crypto websites. The company attributed the issue to an “internal service degradation.”

The outage affected the user-facing services of major exchanges, including Coinbase and BitMEX, as well as platforms such as Blockchain.com, Ledger, Toncoin and DefiLlama. Kraken also reported downtime but later said it had implemented a fix.

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