Bitcoin $93,902‘s price has dipped below $79,000 again due to limited impacts from recent announcements in the U.S. markets. Trump’s retreat has not yielded the expected results. However, cryptocurrency exchanges continue to prepare for an upswing in the market atmosphere. Today’s announcement follows a morning update from Binance, with Coinbase now revealing listings for COMP, UXLINK, and ATH Coin.
Altcoin Listing Announcements
Earlier today, Binance made headlines with a new altcoin announcement, and now Coinbase has confirmed it will list three altcoins for futures trading. The listings for COMP, UXLINK, and ATH Coin are set to occur on April 17 around this time.
To diversify its revenue sources, Coinbase has previously activated its global exchange and continues to list intriguing cryptocurrencies amid declining volumes. While listing announcements may not show significant immediate effects on price charts in the negative environment, they can instill confidence in the relevant altcoins, providing medium-term support.
All three altcoins have witnessed a 1% movement with the latest announcement. The ongoing weakness in BTC prices has deterred investors from taking risks, making the market’s reaction to the news understandable. On April 17, we may see volatility with the listings, contingent on overall market sentiment.