Bitcoin Price Touches $8,100 As Coinbase Announces Support for XRP in New York - Today's Gazette - Cryptocurrency, Bitcoin News
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Bitcoin Price Touches $8,100 As Coinbase Announces Support for XRP in New York

John McAfee Taunts Donald Trump over His Anti-Bitcoin and Cryptocurrency Tweets

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Bitcoin Price Touches $8,100 As Coinbase Announces Support for XRP in New York

For most crypto lovers, the harvest time is now as Bitcoin touched $8,100 after seeing over $1,000 addition to its value.

Different development happened in the crypto space today. While it may be easy to link the present BTC price upsurge to the Bakkt, Microsoft or Boerse Stuttgart announcement, Bitcoin has been showing signs of bull run for close to a week now. During this period, Bitcoin moved to $7,000 in a twinkle of an eye.

Since the 2017 bull run, so many developments have been added to the cryptocurrency space. While these additions were supposed to push the price of Bitcoin higher, they could not, until the price of the digital asset went up in a surprising manner last week.

At the moment, Bakkt, Microsoft, Fidelity, TD Ameritrade, Facebook and even J.P. Morgan have joined the cryptocurrency world with full force.

Also READ  Ripple (XRP) Price Analysis: XRP Bulls Cool Off As Fractal Signals Bearish Action

Bitcoin in the market

In the last few minutes, Bitcoin had jumped above $8,100 mark on Coinbase. However, using data available on CoinMarketCap, at the time of writing, BTC is changing hands at $8,040, after seeing close to 15% price upsurge in the last 24 hours.

As Bitcoin maintains price increase, United State equity markets are seeing price decrease. What led to this is the announcement that China would increase tariffs on around $60 billion U.S goods due to the ongoing trade war between the two countries.

Ripple’s XRP opens for Trade in New York, Says Coinbase

Coinbase has announced that its customers in the New York can now trade Ripple’s XRP on the exchange.

Coinbase said in a tweet: “XRP (XRP) is now available to Coinbase users who are New York residents. New Yorkers can now log in to buy, sell, convert, send, receive, or store XRP on Coinbase.com  or using our iOS and Android apps.”

Also READ  XRP is Extremely Superior than BTC, Comparing Bitcoin Utility to Gold a Joke?

Coinbase first announced support for XRP in February. However, users in the New York City were unable to trade the digital asset. Now, with the addition of XRP, around 6 assets are tradable in New York using Coinbase platform.

Jack, the Jack-of-all-trades, is a full-time contributor to TODAY'S GAZETTE. Jack jumped into writing through a friend and now doing excellently.Through the years, he has contributed his voice in covering current events and political issues, linking them to cryptocurrency and blockchain.Jack is much concerned about crypto mass adoption, exactly why he joined in launching Today's Gazette.Email: jack.marshall@todaysgazette.com

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