Coinbase, a major cryptocurrency trading platform, experienced a significant outage, leading to many users reporting their account balances dropping to $0. This incident occurred as Bitcoin reached a new high of $64,000 before falling $4,000 to $60,000 in under 30 minutes. Coinbase has acknowledged the issue, assuring users that "your assets are safe" and that the team is investigating. The outage has been attributed to a large surge of traffic and a $2 billion trading volume spike. Coinbase is actively working on resolving the matter. This event has sparked discussions within the cryptocurrency community, with some viewing it as a bullish sign for the market.