Benzinga | Oct 25, 2021 05:41PM EDT

Coinbase Users Faced Connectivity Issues

* Users faced outages in accessing Coinbase Global Inc's (NASDAQ:COIN) portfolio management, website, and app, as per Downdetector.com.

* Coinbase tweeted experiencing intermittent connectivity issues for some pages on Coinbase Pro (web and mobile).

* It assured that trading does not appear impacted and its team is investigating and working to fix the issue while the funds are safe in the meantime.

* The company provided some updates on the issue on its status page.

* At 13:08 ET, the company said it resolved the issue causing intermittent connectivity issues for Coinbase Pro.

* The shares of crypto-related companies are trading higher amid a rise in the price of Bitcoin.

* Price Action: COIN shares closed higher by 8.21% at $325.54 on Monday.