Livingstone, in an interview to BBC Radio London, tried to defend Labour MP Naz Shah, saying he had never heard anyone in the Labour Party say anything anti-Semitic.
"Livingstone has been suspended by the Labour Party, pending an investigation, for bringing the party into disrepute," a Labour spokesman said.
Shah, 42, stepped down as the parliamentary private secretary to Labour's shadow chancellor, John McDonnell, earlier this week over anti-Semitic remarks on her Facebook posts that called for the relocation of Israeli Jews to US.
Shah has since apologised, saying: "I deeply regret the hurt I have caused. This post from two years ago was made before I was an MP, does not reflect my views and I apologise for any offence it has caused."
Livingstone was trying to defend Shah but was instead dubbed anti-Semitic as well.
"Let's remember, when Hitler won his election in 1932 his policy then was that Jews should be moved to Israel.
"He was supporting Zionism before he went mad and ended up killing six million Jews.
Fellow Labour party MP John Mann attacked him as being a "Nazi apologist" in front of a media scrum which was caught on camera.
Mann now faces a reprimand for his conduct.
Prime Minister David Cameron also got drawn into the row, when he was asked for a comment.
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