BitTorrent (BTT) price has decreased over the past 24 hours, following the entire market which lost around $2 billion overnight. However, the company announced a new upcoming listing which is generally a precursor of the prices going up.

BTT Price Down 18% on the Day, Follows Market

BitTorrent Token (BTT) price has decreased over the past 24 hours, losing upwards of 18 percent at the time of this writing.

However, looking at the market, the move follows a market-wide pullback, which saw over $2 billion wiped off in just a few hours.

Nevertheless, BTT remains up substantially since its ICO on January 28th, remaining almost seven times higher in value compared to the initial price.

At the time of writing this, BTT trades at $0.000935, while the official ICO price was $0.00012 per BTT.

Bittrex Exchange Listing Coming Up

A pinch of good news popped on BitTorrent’s official Twitter page, as the company announced that a new listing is coming up. BTT is supposed to be listed on Bittrex exchange soon and to enable users trading on the platform.

Bittrex is a US-based cryptocurrency exchange founded back in 2014. According to data from CoinMarketCap, the exchange has a daily trading volume of about $16 million, or a little bit less than 5,000 BTC.

It’s worth noting that listing updates are usually considered to be a precursor of the prices going up. Since its ICO, BTT has grown substantially, following listings on many major exchanges.

According to the official blog post which tracks the exchange listings of BTT, users can now trade the token on Binance, OKEx, UPbit, KuCoin, CoinTiger, and BitBNS.

What do you think of BTT Price? Do you think it will rise following the upcomming Bittrex listing?

Images credit to CoinMarketCap; Pixabay