Ethereum Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Ethereum's price has decreased by 3.42% over the past 24 hours to $1,918.64, contrary to its performance over the past week where it saw an up-trend of 5.0%. The trading volume for the coin has climbed 91.0% over the past week, while the overall circulating supply has decreased by 0.07% to 120.20 million. Ethereum's current market cap ranking is #2 at $230.78 billion.
July 14, 2023 | 7:01 pm
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NEGATIVE IMPACT
Ethereum's price has seen a short-term decrease of 3.42%, despite a weekly increase of 5.0%. The trading volume has increased significantly over the past week, indicating heightened activity around this asset.
The decrease in Ethereum's price over the past 24 hours, despite a weekly up-trend, could lead to short-term negative sentiment among investors. The significant increase in trading volume indicates heightened activity and interest in this asset, which could influence its price movements.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100