By Tobi Loba
It just came to our notice that XRP liquidity has attained milestone on Bitso, the arguably largest cryptocurrency exchange in Latin America that recently expanded into Argentina.
The new development was shared via Twitter a few hours ago by Liquidity Index Bot, the channel that shares the current snapshot of the Bitso Liquidity Index.
According to the report, the liquidity index for XRP/MXN based on a 28-day moving trend, with 92% day progress recorded 16,757,312, beating the previous 16,633,051 all-time high.
Liquidity Index Bot shared this, “Liquidity Index for Bitso XRP/MXN (28-day moving trend) Day progress: 92% Today so far: 16,757,312 All-Time High: 16,633,051.”
Liquidity Index for Bitso XRP/MXN (28-day moving trend)
Day progress: 92%
Today so far: 16,757,312
All Time High: 16,633,051
Data: https://t.co/v07j0Xh3s1 pic.twitter.com/gsLJnsttKR— Liquidity Index Bot (@LiquidityB) February 6, 2020
XRP Liquidity on BTC Markets Attains All-Time High
In another development, it’s also hinted that XRP liquidity attained a new all-time high on BTC Markets, the leading cryptocurrency exchange in Australia. This was as well reported via Twitter by Liquidity Index Bot.
Going by the report, the liquidity index for XRP/AUD based on 28-day moving trend, with 92% progress recorded 3,707,416, surpassing 3,698,440, the immediate past all-time high
“Liquidity Index for BTC Markets XRP/AUD (28-day moving trend) Day progress: 92% Today so far: 3,707,416 All-Time High: 3,698,440”
Liquidity Index for BTC Markets XRP/AUD (28-day moving trend)
Day progress: 92%
Today so far: 3,707,416
All Time High: 3,698,440
Data: https://t.co/zlBcWd0sYI pic.twitter.com/SnwpfPHdUo— Liquidity Index Bot (@LiquidityB) February 6, 2020
XRP and Other Cryptocurrencies in the Market
XRP, the third-largest cryptocurrency by market capitalization joined the reigning bullish trend in the crypto market.
Virtually all the top digital currencies have been excellent in their performances in terms of price uptrend. The bullish trend aided Ethereum (ETH) to break above $200 resistance with indications of consistent increase.
At the time of filing this report, XRP is trading at $0.282609, with a 2.58% price increase based on 24 hours estimation.