10/11/19

by Jeremy Cox

What is going on with Coinbase?

The Coinbase prices have been having some inconsistencies in the past week or so. Last week there was a pump up to $102.47, as shown in the chart below:

But if we take a look at the weekly chart yesterday and the price peak is now showing $89.41.

Yesterday, it looked like Zcash seemed to have dumped over 50% at 6pm. Take a look at this chart:

Today, when you pull up the price chart, you see this, with no indicator of a 50% drop:

These anomalies can cause movement in the cryptocurrency markets, and it is a mystery as to why these prices were shown on the Coinbase site.

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