Today, if the expression fits, the Bitcoin price crashed. At the moments when the Bitcoin price was continuing to fall, a piece of news created a bombshell effect in the market. It was revealed that over 30,000 Bitcoins connected to the Silk Road incidents had been moved. Subsequently, it was discovered that the same address had sent a large amount of Bitcoin to the Coinbase exchange. Amidst all these events, Robinhood made a major announcement. A decision was made to list Optimism (OP).
Optimism (OP) Gets Listed
Robinhood positions itself as a cryptocurrency company known for its zero commission fees. It is also known for its strict policies, which show how selective it is about listings.
In the midst of all these events, Robinhood, which recently announced its expansion moves to Europe and then took the Android step, today announced a listing news.
According to the announcement, it was declared that Optimism’s (OP) trading will begin. This situation had a significant impact on the OP price during a period of sharp declines.
What is the Price of Optimism (OP)?
At the time of writing, the price of Optimism is trading at $3.2, following an 8% drop over the last 24 hours. Nevertheless, it was observed that the OP price started to rise.
OP price experienced a rapid 3% increase during the moments when the Bitcoin price plummeted, but it seemed unable to reflect the typical rises associated with listing news due to market conditions. On the other hand, OP’s market cap also fell by 6%, currently standing at $3.2 billion.
In terms of market cap ranking, OP is seen to be in the 40th position. Following the news, there was a clear increase in the 24-hour trading volume. The 24-hour volume rose by 37%, exceeding $327 million.
While all this was happening, eyes were on the Bitcoin price. Bitcoin had dropped below $65,000 for a while but recovered and is trading at $65,467 at the time of writing.
