With a brand new all-time value excessive in sight for Bitcoin, crypto trade Poloniex not too long ago went offline.

“Poloniex is at present unavailable resulting from an surprising situation,” the trade’s buyer help Twitter web page said on Friday. “We’re investigating the difficulty and can maintain you up to date right here all through.”

Bitcoin has yielded exuberant upward value motion in current weeks, in addition to catching rising consideration. When site visitors turns into dense on exchanges, their methods generally go down, locking out merchants. This has occurred with different exchanges up to now as properly, together with BitMEX and Coinbase.

“Poloniex is now out of upkeep mode,” Poloniex posted in a follow-up tweet. “Our spot and margin markets are in post-only mode and withdrawals are quickly unavailable.” A subsequent update said the return of futures contract buying and selling on the platform.

In the meantime, Bitcoin stays painfully near its all-time value excessive close to $20,000. This yr has seen a major quantity of mainstream monetary consideration on the asset. Paul Tudor Jones, Jack Dorsey’s Sq. and MicroStrategy have all jumped on board, shopping for massive positions within the digital coin.

Cointelegraph reached out to Poloniex for extra particulars, however obtained no response as of press time. This text might be up to date accordingly ought to a response are available. 

UPDATE Nov. 20, 22:03 UTC: This text has been up to date, reflecting Cointelegraph’s request for remark.