Ripple CTO Addresses Bitcoin Price Spread on Coinbase
- Ripple CTO clarifies Bitcoin price spread on Coinbase.
- Bitcoin’s price spiked and dropped rapidly.
- Community response showed confusion and gratitude for the explanation.
Ripple CTO David Schwartz explained Bitcoin’s price spread on Coinbase during a volatile session on May 20, 2025.
The event highlights the influence of trading mechanisms on prices, emphasizing the importance of understanding brokerage and exchange differences.
Bitcoin Swings between $107,137 and $102,105 on Coinbase
On May 20, Ripple CTO David Schwartz addressed a notable Bitcoin price spread on Coinbase. The difference in pricing raised user concerns during heightened market activity.
With Bitcoin’s value fluctuating between $107,137 and $102,105, Schwartz highlighted the brokerage and exchange mechanics that affect pricing strategies for traders.
Ripple CTO Highlights Crypto Market Risks
The Bitcoin price spread affected retail traders on Coinbase, causing confusion and calls for clarity. David Schwartz provided key insights on this disparity.
The incident underscored the financial risks and challenges in the crypto market. However, community responses primarily focused on gaining a better understanding of trading process differences.
“Are you placing offers on their order book, or are you using them as a broker to buy and sell?” — David Schwartz, Chief Technology Officer, Ripple
Past Volatility Spikes Echo in Current Market
Such price discrepancies have occurred during past volatility spikes. In earlier incidents, similar spreads were observed on platforms with mixed brokerage models.
This latest occurrence could prompt traders to review trading strategies and engage directly on order books to minimize price variance and potential losses.
| Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor. |
