Robinhood down: Crypto trading app hit by outage

Monday 27 September 2021 13:52 BST

ROBINHOOD-OPI (AP)

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Crypto trading app Robinhood has stopped working properly.

The company said it was “experiencing issues with crypto trading” and that it was “working to resolve this as soon as possible”.

The problems came amid the rising price of bitcoin and other cryptocurrencies.

The market was up 8 per cent overall, according to tracking website CoinMarketCap. Bitcoin had gained almost 6 per cent over the day, and ethereum was up almost 12 per cent.

Trading volumes were also up sharply: almost 6 per cent more cryptocurrencies were traded in the last 24 hours than the day before, according to the same tracker.

Robinhood has experienced difficulties during heavy periods for trading in the past.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

1Comments

Thank you for registering

Robinhood down: Crypto trading app hit by outage

Join our commenting forum

Thank you for registering