By Tobi Loba
According to Liquidity Index Bot, the XRP liquidity on Philippines’ Coins.ph and Australia’s BTC Markets recently attained a new all-time high.
The XRP liquidity index in the Philippines and Australia is starting to experience a drastic increase once again, which indicates the increase in the daily transaction of the digital currency in the regions and across other exchanges.
Liquidity Index for Coins.ph XRP/PHP Records New All-Time High
Some hours ago, the Liquidity Index Bot reported the new milestone recorded by the digital token XRP against Philippines Peso on Coins.ph.
For the past few weeks, the record of new all-time highs in terms of liquidity for Coins.ph XRP/PHP has not been frequent as usual. This made the recent record noteworthy.
According to Liquidity Index Bot via its Twitter handle, XRP/PHP based on a 28-day moving trend, with day progress of 79% recorded 7,236,372.
This new attainment aided XRP/PHP liquidity to surpass the former all-time high of 6,075,393.
“Liquidity Index for Coins.ph XRP/PHP (28-day moving trend) Day progress: 79% Today so far: 7,236,372 All Time High: 6,075,393,” Liquidity Index Bot shared.
Liquidity Index for https://t.co/raMbsEkdJD XRP/PHP (28-day moving trend)
Day progress: 79%
Today so far: 7,236,372
All Time High: 6,075,393
Data: https://t.co/cF3K6P1fg9 pic.twitter.com/6XCtRDfht2— Liquidity Index Bot (@LiquidityB) March 8, 2020
Liquidity Index for BTC Markets XRP/AUD Records New All-Time High
The Liquidity Index Bot also reported the increase in XRP daily transactions in Australia, which aided the liquidity of XRP/AUD to record new all-time high on BTC Markets.
According to the update captioned with the snapshot of the data that revealed the new development, the liquidity index for BTC Markets XRP/AUD based on a 28-day moving average trend, with day progress of 79% recorded 6,319,825. This is its new all-time high.
“Liquidity Index for BTC Markets XRP/AUD (28-day moving trend) Day progress: 79% Today so far: 6,319,825 All-Time High: 5,189,716,” Liquidity Index Bot Reported.
Liquidity Index for BTC Markets XRP/AUD (28-day moving trend)
Day progress: 79%
Today so far: 6,319,825
All Time High: 5,189,716
Data: https://t.co/zlBcWd0sYI pic.twitter.com/QcKdXdups5— Liquidity Index Bot (@LiquidityB) March 8, 2020
XRP and Other Digital Currencies in the Market
Virtually all the top digital currencies in the market are experiencing a huge price retracement at the moment.
XRP, Bitcoin (BTC), Ethereum (ETH), and some others have lost at least 9% of their accumulated prices over the past 24 hours. The bottom of this ongoing price dip cannot be ascertained, but it’s more likely to see further price dips.
At the time of filing this report, XRP is trading at $0.205723, with an 11.79% price downtrend in the last 24 hours.
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