Ethereum Rises More Than 5% In 24 hours
Portfolio Pulse from Benzinga Insights
Ethereum's (CRYPTO: ETH) price has risen 5.16% to $1,986.25 over the past 24 hours, continuing its positive trend over the past week with a 5.0% gain. However, the trading volume for the coin has fallen 22.0% over the past week, and the overall circulating supply of the coin has decreased 0.43% to 120.21 million. The current market cap ranking for ETH is #2 at $238.80 billion.
July 13, 2023 | 7:01 pm
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Ethereum's price has risen 5.16% over the past 24 hours, indicating a positive short-term impact on its price. However, a decrease in trading volume and circulating supply could potentially affect its price stability.
The rise in Ethereum's price over the past 24 hours and week indicates a positive short-term impact. However, the decrease in trading volume and circulating supply could lead to price instability, which may affect its short-term price direction.
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