Cryptocurrency Aave Down More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cryptocurrency Aave (CRYPTO: AAVE) has seen a decrease of 5.15% in its price over the past 24 hours to $74.19, despite an overall uptrend of 4.0% over the past week. The trading volume of Aave has increased by 3.0% over the past week, and the circulating supply has increased by 0.26% to 14.49 million, which is approximately 90.53% of its max supply of 16.00 million. Aave's current market cap ranking is #41 at $1.07 billion.

July 17, 2023 | 7:00 pm
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Aave's price has decreased by 5.15% in the past 24 hours, despite a weekly uptrend. The trading volume and circulating supply have increased.
The decrease in Aave's price over the past 24 hours, despite an overall uptrend over the past week, could potentially indicate a short-term bearish trend. The increase in trading volume and circulating supply could suggest increased market activity, but it has not prevented the price drop in the short term.
CONFIDENCE 90
IMPORTANCE 80
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