RATE Group | XRP shoots for the skies as critical barrier is broken
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XRP shoots for the skies as critical barrier is broken

05 Feb XRP shoots for the skies as critical barrier is broken

Posted at 06:33h in Cryptocurrency News by

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Here’s what you need to know on Tuesday

Markets

BTC/USD is currently trading at $9199 (-1.20%), with the $9000 level currently at risk of a breach. 

ETH/USD is currently trading at $188.00 (-0.50%), bulls are losing further momentum underneath $200. 

XRP/USD is currently trading at $0.2670 (+6.90%), a surge in upside pressure as the price breaks down $0.2500 barrier. 

Among the 100 most important cryptocurrencies, the best of the day are ICX $0.463045 (+29.55%), KICK $0.000131 (+26.49%) and HBAR $0.016759 (+18.27%) and The day’s losers are MONA $1.60 (-10.50%), MOF $1.18 (-7.75%) and XTZ $1.94 (-5.30%).

Chart of the day: XRP/USD daily chart

Market

BitMEX, one of the leading crypto derivatives exchange, is set to launch XRP perpetual swaps on February 5. The exchange on Twitter announced they will offer leverage of up to 50x for the XRP/USD swap contract. The decision was not abrupt as the platform already announced the baking of such a contract…

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