Optimism (OP) Soars Above $3 on Coinbase News, BTC Choppy at $24K: Market Watch

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The more recent Coinbase-Optimism news has turned OP into one of the best performers today.

in the cryptocurrency space from yesterday was the launch of a layer-2 ETH network from Coinbase. The largest US-based exchange tapped Optimism for its new service, which had an immediate effect on the latter’s native token.

OP shot up by 6% minutes after the news broke and kept climbing in the following hours. As such, it broke above $3 and tapped a multi-week high at $3.2. OP is among the very few altcoins in the green today. The rest of the market stands in the opposite corner. Ethereum, Binance Coin, Ripple, OKB, Dogecoin, Shiba Inu, Litecoin, and Tron have all lost up to 2% of value on a daily scale.

MATIC, Cardano, Polkadot, Avalanche, Lido, NEAR, and VET have declined by somewhere between 3% and 7% in a day. The total crypto market cap has shed around $20 billion in a day and sits slightly below $1.1 trillion.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 568. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Juicy.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coinbase earnings beat thanks to USDC interest income, analysts sayUSDC interest income benefited Coinbase during its latest earnings report, according to analysts. … As the cryptocurrency industry continues to evolve, Coinbase may need to diversify its revenue streams and adapt to changing market conditions in order to maintain its financial success.
Source: TheBlock__ - 🏆 464. / 53 Read more »