This is the reason why the Bitcoin and other cryptocurrency markets are declining.
Meta is having issues with some of its most important services right now. People around the world have reported that they cannot access services like Facebook, Instagram, and Threads. Some people have also been unable to access Google services for some time, although this situation appears to have improved. The outage has likely spread further to include just Google and Meta, with some people also reporting issues with Microsoft Teams and the augmented reality game Pokémon Go.
30 million ago, all social media platforms networks around the world including Facebook, Instagram and YouTube collapsed with a problem.
Issues with Meta's services began appearing around 10:00 a.m. ET, and are still well underway for many people, with Meta's communications director, Andy Stone, confirming the issues in a post on X (formerly Twitter), stating that the company is working On it (via The Verge). On Downdetector.com, a website that aggregates user reports of service outages, we're seeing spikes in several services right now.
How much will the cryptocurrency market continue to fall if we cannot solve this problem as quickly as possible...
More market updates will be provided soon.. We will inform you all the market updates as soon as possible.$BTC