Bittrex – a very popular digital currency trading platform – has officially added two new trading pairs to its platform – XRP/USD and ETC/USD – effective on the 20th of August. The trading platform made this announcement on Twitter and they said: “they have added Ethereum Classic (ETC) and XRP (XRP) to their US dollar (USD) markets in addition to the earlier announced USD pairs for Ethereum (ETH), Bitcoin (BTC), TrueUSD (TUSD), and Tether (USDT).
The Response of the Crypto Community
The community of XRP seems to be the most excited regarding the recently introduced trading pair on the platform. A member of the XRP community on Twitter tweeted: “smart choice adding XRP/USD trading pair. A lot of people have been waiting for this moment.” Even Yoshitaka Kitao – the CEO of SBI Holdings, also talked about Bittrex adding XRP/USD and ETC/USD pairs.
The Response of the Market
The recent announcement has been able to stir a little spike in the value of the digital currencies. XRP and ETC have seen a considerable increase over the past twenty-four hours. The entire digital currency market is also showing some signs of bullish presence as Bitcoin (BTC) is now trading within the range of $6,660 and $6,750.
The overall market cap of the entire digital currency market has also increased, and it is now fluctuating within the range of $210 billion to $215 billion at the time of writing. Both Ethereum Classic (ETC) and XRP (XRP) continue to expand as seen with the addition of USD pairs on Bittrex. The listing of these digital currencies on more trading platform will increase the liquidity of the markets.
XRP (XRP) Price Today – XRP / USD
At the time of writing, XRP (XRP) is trading at $0.342 after an increase of about three percent over the past twenty-four hours. The digital currency currently has a market cap of $13.44 billion with a trading volume of $288.17 million over the past twenty-four hours.