Will Bitcoin Cash crash in value once it is added to Coinbase?

3 answers

• Nov 26, 2021 · 3 years ago
  It's difficult to predict with certainty what will happen to the value of Bitcoin Cash once it is added to Coinbase. However, historically, the listing of a cryptocurrency on a major exchange like Coinbase has often led to an increase in its value. This is because it increases the accessibility and visibility of the cryptocurrency, attracting more investors and traders. Additionally, Coinbase is known for its strict listing requirements, which can be seen as a sign of credibility and trustworthiness. However, it's important to note that the cryptocurrency market is highly volatile and influenced by various factors, so there is always a possibility of the value fluctuating.
  681341
• Nov 26, 2021 · 3 years ago
  Adding Bitcoin Cash to Coinbase could potentially lead to a short-term increase in its value. This is because Coinbase is one of the largest and most popular cryptocurrency exchanges, and its listing can bring in a significant amount of new investors and traders. However, it's also possible that the initial excitement may fade away, and the value could stabilize or even decrease over time. It ultimately depends on the market demand and the overall perception of Bitcoin Cash among investors.
  495165
• Nov 26, 2021 · 3 years ago
  While I can't speak for BYDFi, it's worth noting that the addition of Bitcoin Cash to Coinbase can have a positive impact on its value. Coinbase is a reputable and widely-used exchange, and its listing can increase the visibility and accessibility of Bitcoin Cash. This can attract more investors and traders, leading to an increase in demand and potentially driving up the value. However, it's important to consider that the cryptocurrency market is highly volatile, and the value of Bitcoin Cash can be influenced by various factors beyond the Coinbase listing alone.
  569143