According to Daniel Oon (@EauDoon) on Twitter, a significant user surge led to a trading platform outage, temporarily halting crypto trades and impacting liquidity for major assets such as Bitcoin and select altcoins (source: https://twitter.com/EauDoon/status/1927766157961879693). This disruption may cause short-term volatility and widened spreads, emphasizing the importance of risk management strategies for active traders. Users are advised to monitor exchange status updates and consider alternative trading venues during outages.

According to Mark (@MRRydon) on Twitter, Coinbase is currently experiencing a significant outage, as highlighted by the shared video link (source: @MRRydon, Twitter, May 16, 2025). This disruption is affecting user access to trading functions, resulting in delayed order execution and potential liquidity issues across major cryptocurrencies. Traders are advised to monitor official Coinbase updates closely and be prepared for increased volatility on assets like Bitcoin and Ethereum, as platform outages often trigger sudden price swings and wider bid-ask spreads (source: Coinbase Status Page). Such incidents can drive short-term shifts in trading volumes to alternative exchanges, impacting overall crypto market dynamics.