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Were there any notable price fluctuations for Bitcoin Cash after its inclusion on Coinbase?

avatarFransTDec 26, 2021 · 3 years ago3 answers

After Bitcoin Cash was added to Coinbase, did its price experience any significant fluctuations?

Were there any notable price fluctuations for Bitcoin Cash after its inclusion on Coinbase?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, there were significant price fluctuations for Bitcoin Cash after it was listed on Coinbase. The price initially surged due to increased demand and excitement surrounding its addition to a major exchange. However, this was followed by a sharp correction as profit-taking and market volatility kicked in. Overall, the inclusion on Coinbase brought increased attention and trading volume to Bitcoin Cash, leading to notable price movements.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! Bitcoin Cash saw some wild price swings after it got listed on Coinbase. It was like a roller coaster ride for traders. The price shot up like a rocket, reaching new highs within hours. But then, just as quickly, it plummeted back down. It was a classic case of FOMO (fear of missing out) followed by panic selling. So, yes, there were definitely some notable price fluctuations for Bitcoin Cash on Coinbase.
  • avatarDec 26, 2021 · 3 years ago
    Indeed, there were notable price fluctuations for Bitcoin Cash after it joined Coinbase. As a third-party observer, I can say that the market reacted strongly to the news. The price surged initially, driven by the influx of new buyers. However, as the hype settled and reality set in, the price experienced a correction. It's important to note that price fluctuations are common in the cryptocurrency market, and Bitcoin Cash's inclusion on Coinbase simply amplified the volatility.