PayPal Outage Disrupts Services Amid Bitcoin Surge
November 21, 2024 – PayPal is experiencing a system outage that is impacting several of its products, the company reported on Thursday. The disruption comes on a day when Bitcoin hit a record high of over $98,000, pushing other crypto stocks higher.
PayPal, which allows users to buy, sell, and hold cryptocurrencies, has been linked to issues with transactions. Cryptocurrency exchanges Coinbase and Kraken also reported problems, including delays with PayPal transactions and deposits.
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