The website of bitcoin exchange Coinbase crashed earlier. This appears to have been the trigger for the BTC price drop

Says Coinbase (website notice):

  • "An error has occurred. We've been notified about the issue and are taking a look."

Is this, though, a chicken and egg question?

BTC is a volatile beast.

The website of bitcoin exchange Coinbase crashed earlier. This appears to have been the trigger for the BTC price drop