XRP Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
XRP's price has decreased by 3.92% over the past 24 hours to $0.52, continuing its downward trend over the past week of -18.0%. The trading volume for the coin has increased 31.0% over the past week while the overall circulating supply of the coin has increased 0.06% to over 52.84 billion. The current market cap ranking for XRP is #5 at $27.41 billion.
August 21, 2023 | 7:00 pm
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NEGATIVE IMPACT
XRP's price has decreased by 3.92% over the past 24 hours, continuing its downward trend over the past week of -18.0%. The trading volume for XRP has increased 31.0% over the past week.
The news directly reports on the price movement of XRP, indicating a downward trend. This is likely to negatively impact the short-term price of XRP. The increase in trading volume suggests heightened interest, but the overall trend is negative.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100