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In recent times, cryptocurrency exchanges continue to attract attention with their listings. Coinbase and Binance, with their listings, create significant impacts on the prices of cryptocurrencies. Just moments ago, Coinbase once again captured all attention with news of a new listing.
Coinbase Lists
Coinbase has drawn market interest with its listings. The announcement shared details of the listing of KARRAT and an X post. The long description of the post is as follows:
Coinbase will add support for Karrat (KARRAT) on the Ethereum network (ERC-20 token). Do not send this asset over other networks, or you may lose your money. Transfers for this asset are available in regions where trading is supported at @Coinbase & @CoinbaseExch. The Ethereum network (ERC-20 token) contract address for Karrat (KARRAT) is 0xAcd2c239012D17BEB128B0944D49015104113650. Trading will begin later today if liquidity conditions are met. Trading for our KARRAT-USD pair will be gradually initiated once sufficient supply is secured. KARRAT support may be restricted in some supported countries.
Following this listing news, there is already curiosity about how KARRAT will react in terms of price.
Bitcoin and the Current Market Situation
Following the news from Coinbase, all eyes are also on the market. Bitcoin’s price, after maintaining stability in the first 24 hours post-halving, has now truly begun to rise.
At the time of writing, Bitcoin‘s price has seen a 3% increase and is trading at $66,400. BTC‘s market cap has also returned to over $1.3 trillion, displaying a positive outlook.
Meanwhile, there has been a 23% increase in the 24-hour trading volume, surpassing $26.5 billion. This rise can be interpreted as investors turning their attention back to Bitcoin post-halving.
The simultaneous increase in volume and price indicates that current Bitcoin holders are not selling off but are maintaining a strong stance with their cryptocurrencies.
