The announcement was made by Bittrex via its official Twitter handle. According to the report, the trading of USD-DASH is now live on the exchange.
This is seen as another means to increase the reach of Dash token and to showcase its embedded functionalities, as new customers will be enabled to access the digital currency.
Dash Displays Excitement to the New Development
DASH, the 20th largest digital currency by market cap also corroborated the announcement with excitement, via its official Twitter handle a couple of hours ago.
In the tweet posted in response to the update shared by Bittrex, DASH informed its holders that it is now possible to change US Dollars directly to Dash token on the crypto exchange.
“New trading pair! Now you can get rid of your fiat money and directly obtain Dash in exchange,” Dash shared.
New trading pair! Now you can get rid of your fiat money and directly obtain Dash in exchange 🎉 https://t.co/IRD2oQfiEg
— Dash (@Dashpay) March 4, 2020
DASH and Other Cryptocurrencies in the Market
The majority of the top cryptocurrencies in the market are starting to resurge from a price trend perspective. Bitcoin (BTC), the first and largest digital currency has seemingly regained strength and it’s closer to breaking above $9,000 resistance level.
Other cryptocurrencies, including DASH, have started to replicate the favorable price trend. However, Tezos (XTZ) is so far the best performer in the market, with a 13% price increase in the last 24 hours.
At the time of writing, DASH is trading at $89.71, with a 0.7% price increase based on 24 hours estimation.