Why did XRP price rise above Bitcoin on Coinbase?
The move, which resulted from a glitch or a misplaced order, sent XRP’s price surging as high as $8,341, temporarily pushing its price on Coinbase above that of Bitcoin. The glitch, which occurred overnight, could have been a platform bug or stemming from an individual placing a market buy order for XRP priced at $8,341.
What happened to Ripple’s XRP on Coinbase?
The 3rd highest ranked crypto asset based on market capitalization, Ripple’s XRP, drastically went up on the crypto exchange platform, Coinbase. This happened on January 4, 2019, when the price of XRP, which is currently at 0.198 USD, surged over 7,000 USD on Coinbase.
Is Coinbase looking to relist XRP?
Coinbase surprised many in the XRP community yesterday as the leading US-based exchange submitted a request to file an amicus brief in support of Ripple in the case with the US Securities and Exchange Commission. Unsurprisingly, the move has sparked speculation among the XRP faithful that the exchange is looking to relist XRP.
What caused Coinbase Pro’s massive candle surge on XRP?
The glitch, which occurred overnight, could have been a platform bug or stemming from an individual placing a market buy order for XRP priced at $8,341. Although the root of this movement remains unclear, it did create some buzz on crypto Twitter from individuals who witnessed the massive candle surge on Coinbase Pro’s 1-minute chart option.
