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Question answered on Musing.io
<a href="https://musing.io/q/el-wazza/does-ripple-lead-crypto-recovery-because-coinbase-supports-xrp">View this answer on Musing.io</a>
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json_metadata"{"app":"musing/1.1","appTags":["bitcoin","cryptocurrency","blockchain","musing"],"appCategory":"bitcoin","appTitle":"Does Ripple Lead Crypto Recovery because Coinbase Supports XRP?","appBody":"<p>Reporting from Hacked, XRP prices rose two digits after the US digital currency exchange Coinbase confirmed it would support XRP-fiat transactions. The Ripple XRP crypto currency, which exceeds all in market capitalization except Bitcoin and Ethereum, rose 10.6% to US $ 0.3355. Bull XRP is eyeing the return of the XRP to as low as US $ 0.3500 to keep the momentum alive. XRP is the best performing crypto currency on Monday. In comparison, Bitcoin rose 2.1%, Ethereum rose less than 1%, and EOS rose 1.6%. The market capitalization of all crypto currencies increased to US $ 132.3 billion.</p><p>Coinbase, the San Francisco-based crypto currency exchange, confirmed on Monday that it would now accept XRP transfers to incoming Coinbase Pro. The company said, \"XRP is not yet available on Coinbase.com or through our mobile application. We will make a separate announcement when that happens. ”Initial support for the XRP will be available to users in the US (except New York), the United Kingdom, supported EU member countries, Canada and Australia.</p><p>Although it is the third largest crypto currency in the world, the XRP has struggled to win market battles on Coinbase and other leading US exchanges. As reported by Hacked before, this might have something to do with the debate about the security status of XRP. As Bloomberg noted last April, Ripple tried to buy the road to the main exchange but could not cut it.</p>","appDepth":2,"appParentPermlink":"fksbmaqkp","appParentAuthor":"el-wazza","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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