On January 16, 2026, the social media platform X ( formerly known as Twitter ) experienced a severe service outage, with nearly 80,000 error reports recorded on Downdetector around 10:00 AM (ET). The incident lasted approximately 1–1.5 hours before the system gradually recovered.
Although it significantly affected users, this incident did not have a notable impact on the cryptocurrency market. No major crypto assets showed unusual price movements or trading volume. X did not issue an official statement, and Elon Musk also made no public comments related to the incident.
Data from CoinMarketCap shows that Ethereum remains trading steadily, reflecting the market’s resilience. According to analysts at Coincu, similar incidents in the past rarely directly affected crypto, indicating that this market is increasingly independent of centralized social media platforms.
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The X social media platform is experiencing an outage.
On January 16, 2026, the social media platform X ( formerly known as Twitter ) experienced a severe service outage, with nearly 80,000 error reports recorded on Downdetector around 10:00 AM (ET). The incident lasted approximately 1–1.5 hours before the system gradually recovered.
Although it significantly affected users, this incident did not have a notable impact on the cryptocurrency market. No major crypto assets showed unusual price movements or trading volume. X did not issue an official statement, and Elon Musk also made no public comments related to the incident.
Data from CoinMarketCap shows that Ethereum remains trading steadily, reflecting the market’s resilience. According to analysts at Coincu, similar incidents in the past rarely directly affected crypto, indicating that this market is increasingly independent of centralized social media platforms.