The post Global X Outage Affects Users Worldwide as Issues Persist – Coincu appeared on BitcoinEthereumNews.com.

Key Points: X platform outage affects global users, continues since May 22. Elon Musk is owner since 2022. Data center issue linked to service disruptions. Global Disruptions Hit Thousands Amid X Platform Outage The service disruption began on May 22, affecting thousands of users across the globe, including the United States, Canada, and Germany. According to PANews, 25,054 American users experienced issues with loading messages and updating timelines. The problem stems from a reported data center issue, as acknowledged by X’s engineering team on May 22. The team stated they are actively working on resolving this but have not yet provided a completion timeline. Crypto Market Insights Amid Persistent X Outage The current outage brings renewed scrutiny on the company’s staffing changes, which saw a significant reduction in workforce. Market observers noted no formal comment from Musk regarding the latest issues, though his previous attribution of a March outage to cyberattacks was unsubstantiated. As Wired Report highlights, “A fire broke out on Thursday at an X-leased data center near Portland, Oregon, though it’s unclear if this incident is directly related to the ongoing service disruptions.” The Coincu research team highlights the potential for stricter regulations in response to such technical outages, which may have financial impacts. Historical analysis indicates prolonged service disruptions could lead to declining user trust and lower ad revenue. Market Data Overview Did you know? The most recent outage incident has parallels to one in March 2025, which lasted only 3 hours, but the current event is more persistent, affecting users over several days. Bitcoin (BTC) trades at $108,813.64 with a market cap of $2.16 trillion and dominates 63.18% of the cryptocurrency market. Its 24-hour trading volume is $57.87 billion, down by 9.84%. Meanwhile, Bitcoin’s price shows a 0.16% uptick over 24 hours, continuing its 17.27% rise…

---

Filed under: News - @ May 24, 2025 1:28 pm