Bitcoin Cash Hits Coinbase, Minor Crash for BTC?
As of Tuesday night, Bitcoin Cash was officially added to the Coinbase exchange. It immediately brought with it a mix of the usual emotions ranging from euphoria to fear (FUD vs. FOMO). It even caused the Coinbase chart to glitch up, as the price showing was around $8500 just a short while after it debuted around the $3k level.
The latest currency to be added to Coinbase made its way onto the exchange just hours after one of Bitcoin's co-founders had announced he was selling off his Bitcoin holdings and moving into Bitcoin Cash. Market manipulation? Quite possibly. It seemed to cause some panic selling as there may have been people selling their alts and BTC to get into the newest currency on the Coinbase block.
That said, how are you adjusting or reacting to this latest market fluctuation? Adding anything to your holdings, selling, or staying put through this recent event? It should be interesting to see what the coming week brings in the world of Bitcoin and Cryptocurrency!
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