Brazilian trading platform Bitcoin Mercado is one of the main exchanges in Latin America, on Wednesday announced the listing of XRP. Asset will trade in tandem with bitcoin.
In his blog on Medium Mercado wrote that the interested investors will have access to all basic operations with XRP:
“[…] XRP now on Mercado BItcoin! Interested? If you need help, refer to our instructional videos to learn how to buy, sell, Deposit and withdraw XRP on our platform. :)”.
According to the latest CoinMarketCap, Mercado became the 83rd exchange offers a trading pair with XRP. In addition to the token Ripple and BTC exchange is trading Litecoin and Bitcoin for Cash.
Perhaps with the opening of trading on one of the main exchanges associated current spike XRP. In accordance with the current netivei market dynamics asset lost 40% of the cost of the September maximum. According to managing Director, Digital Capital Management Tim Enneking (Tim Enneking), the decline of the quotes XRP is a natural phenomenon, indicating the normalization of the asset:
“The XRP exchange rate soared because of the hype around the announcements of Ripple and their activities, but in essence, nothing has changed […] the Decline is just evidence of the return of XRP from heaven to earth, in the price interval within which it must bargain.”
In yesterday’s trend change the market capitalization of cryptocurrencies has fallen by 7% or $16 billion. As one of the possible causes of the decline of the media referred to the increase in interest rates by the Federal reserve.