Ripple's XRP sinks after Coinbase shuts down rumours it's listing the cryptocurrency

  • Ripple’s XRP is now down more than 4% on Monday, pairing its earlier gains, after Coinbase shut down yet another rumour that it was planning to support the cryptocurrency.
  • “We have made no decision to add additional assets to either GDAX or Coinbase,” the company said in a tweet Monday afternoon.
  • XRP, the third-largest cryptocurrency by market cap, surged as much as 6% Monday morning after a planned CNBC segment Tuesday featuring both Coinbase President Asiff Hirji and Ripple CEO Brad Garlinghouse fuelled rumours online that Coinbase might have been planning to announce support for XRP.
  • Ripple’s XRP has fallen 53% this year.

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