On the U.S. Cryptocurrency Exchange Coinbase on November 24, rates spiked up to more than $ 0.90 to fall down by around 30% in seconds; Since May 2018, this has been the highest price.
The rally seems to have been powered by users of the Coinbase, because on other trading, the price of XRP was not similar. Shortly after the collapse, the “coinbase” hashtag started trending on Twitter in the U.S.
As the official status page of Coinbase reportedly states that it all functions normally, other reports indicate that there are actually issues with the exchange. According to cointelegraph.com, pseudonymous user Mike Palagi wrote in one of the comments on Downdetector: “WHAT CRAP – new to coinbase — and all my XRP trades went into limbo then finally showed up only AFTER the bottom fell out – causing me to lose a ton of money!!!”
