- The Singapore-based exchange faced service disruptions according to its users; no comment has been made as of yet from Huobi.
- Bitcoin surged as much as 20% up to the $5000 price mark, before cooling away from this.
A recent report suggested that some users of the Singapore-based digital assets exchange, Huobi Global, were allegedly not able to cash in on large sudden spike seen with Bitcoin (BTC) and its peers. The exchange faced several service disruptions according to reports and many of its users via social media.
Today – Tuesday 2nd April, a surge was seen higher across the crypto market, there were some big gains observed. Bitcoin had jumped as much as 20% to touch the $5,000 level, before undergoing a correction.
Huobi users complained that they were not able to execute their sell or buy orders during the large push higher. The exchange is still yet to make an official comment on the service outage and disruptions, as many are waiting for answers.
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