The news of Coinbase going public has aroused feelings of hope around the global cryptocurrencies fans and users especially Bitcoin users who believe that this is a move towards Bitcoin becoming a globally accepted decentralized medium of exchange. This hope culminates from the recent purchase of Bitcoin by big institutions like Tesla, Micro Strategy, Meitu and others around the globe. The institutionalization of Bitcoin and other cryptocurrencies coupled with the public listing of Coinbase on NASDAQ exchange has been driving the bullish trend of Bitcoins and altcoins with many reaching new ATHs over and over again.
Coinbase is one the world's largest cryptocurrency trading platform created in Silicon Valley in 2012 and co-founded by Brian Armstrong. It houses many Bitcoin and many other altcoins which are likely to sow high upon its listing. So today this giant crypto trading platform which allows the buying, selling and hodling of currencies in digital wallets, in going public, and while I can not confirm the exact time, I can safely say the Bitcoin and other cryptos has grown over night before the listing happens.
So joy cometh in the morning!
Yesterday, before sleeping I looked at Bitcoin and a few of the altcoins that perhaps I like. I could tell that many had grown significantly with some reaching new historical ATHs. Bitcoin had reached an ATH of $63000 and the meme coin of our generation, DOGE spiked to $0.096. I knew that in the morning, there will be a story to tell. So today, Bitcoin and many other cryptos are over the moon, new ATMs and high growth percentages overnight.
Here is a list some of the coins I noticed and their new ATHs:
- BTC: $64,918.60
- ETH: $2,404.58
- DOGE: $0.1453955 (100% growth!)
- ADA: $1.55279
When Coinbase finally get listed, we will see how all this will respond. Whether to expect more new ATHs or not let's leave it to the market.
Which other coins have new ATHS? Leave a comment!
