The FTX exchange experienced some errors on Tuesday. This made some users temporarily unable to access their accounts. The website downtime coincided with the release of the US Consumer Price Index (CPI) report, causing prices to fluctuate.
some usersshowDissatisfied on Twitter byindicate thatThe exchange often hangs during times of high traffic, which Sam Bankman-Fried says. CEO and Founder of FTX Reply on Twitter bysorry for what happened and said this was a web interface related issue during the downtime and hereturnTweeted that the issue was fixed at around 1:25 UTC.
Many users are trying to access their accounts as the crypto market reacts to a CPI report that found inflation remains strong, with Bitcoin trading below $21,000 and ETH dropping below $1,600.
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