A technical glitch during the 'American Sunrise Early Edition' program in the USA sparked a flurry of discussions among those tracking the cryptocurrency market. During the broadcast, XRP's price was erroneously displayed at $21,355 instead of its actual value of $2.10, raising concerns.
Shock Over XRP’s $21,355 Display
The displayed XRP price soared to $21,355, a stark contrast to real market data. The price fluctuated between $2.22 and $21,355 within seconds, leading many viewers to suspect a systemic failure. This erroneous display of XRP heightened anxiety among certain investors, especially since similar issues have occurred in the past.
Other Cryptocurrencies Affected
In addition to XRP, the broadcast also displayed incorrect prices for many prominent cryptocurrencies. Bitcoin was shown at $43,636, Ethereum at $6,000, and Solana at $2,896. Viewers also noted significant jumps in Dogecoin and Cardano prices during the segment.
Host’s Brief Explanation
Program host Jake Novak acknowledged the glitch, stating, 'An unexpected issue occurred in our graphics system.' However, he did not provide detailed explanations regarding the XRP price. No technical report or corrective information was shared about the reasons behind the erroneous displays.
Some market analysts believe such graphic errors can stem from synchronization problems in the data provider systems used during live broadcasts. Investors argue that systems should be reviewed to prevent such occurrences in the future.