Everyone knows that the course is strongly influenced by any news, even rumors. Such unconfirmed information is that the Ripple crypto currency will be added to the Coinbase exchange. This information played a role and on March 5 Ripple was seen at $ 1.05.
But the next day, the official source of the exchange Coinbase in its twitter denied all the rumors: as reported on January 4, the exchange Coinbase and GDAX will not add new coins. And any third-party information is an exceptional lie.
As a result, the Ripple rate fell to $ 0.94.
That things tell us about the rumour can give a huge impact to the trend of crypto itself. After coinbase has officially announced about all of these rumours are fake and then another bearish just come because they are rushing to sell their ripple at peak. Never try to believe anything until there will be a strong evidence for that. Just like bitcoin cash api added to the coinbase.