Cryptocurrency Cosmos Hub Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cosmos Hub's (CRYPTO: ATOM) price has decreased by 3.27% over the past 24 hours to $9.73, contrary to its performance over the past week where it experienced an up-trend of 4.0%. The trading volume of Cosmos Hub has climbed 26.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has increased 0.52% to 292.59 million. The current market cap ranking for ATOM is #26 at $2.85 billion.
July 04, 2023 | 7:00 pm
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Cosmos Hub's (ATOMUSD) price has decreased by 3.27% in the past 24 hours, despite a weekly uptrend of 4.0%. The trading volume has increased by 26.0% over the past week.
The price of Cosmos Hub (ATOMUSD) has decreased in the short term, which could lead to a negative impact on its stock price. However, the increase in trading volume indicates a high level of interest and activity, which could potentially offset some of the negative price impact. The overall trend over the past week has been positive, which could suggest a potential rebound in the near future.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100