Coinbase App Displays Zero Balance as Bitcoin Soars
![Coinbase Phone](https://techgroundnews.com/wp-content/uploads/sites/4/2024/02/coinbase-phone-768x434.jpg)
Bitcoin’s rally is turning out to be bad news for Coinbase, the crypto trading app that has just confirmed some of its customers are seeing a zero balance across their Coinbase accounts.
The price of Bitcoin climbed in the wake of U.S. spot Bitcoin ETFs, driving a 42% price rally this month.
Users of the Coinbase app grew concerned on Wednesday as they logged in to find their accounts showing a zero balance, despite owning crypto assets.
We are aware that some users may see a zero balance across their Coinbase accounts & may experience errors in buying or selling.
Remarked one user on X, who shared a picture of a zero balance, “My mom called and asked me and mine was at zero also,” they said.