Ethereum Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Ethereum's price has decreased by 3.85% over the past 24 hours to $1,559.15, continuing its downward trend over the past week of -2.0%. The trading volume for the coin has climbed 87.0% over the past week, while the overall circulating supply of the coin has decreased 0.14% to 120.22 million. Ethereum's current market cap ranking is #2 at $186.96 billion.
September 11, 2023 | 3:00 pm
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Ethereum's price has decreased by 3.85% over the past 24 hours, continuing its downward trend over the past week. The trading volume has increased, indicating a higher interest in selling.
The decrease in Ethereum's price, coupled with an increase in trading volume, suggests a bearish sentiment among traders. The decrease in circulating supply could further pressure the price as it indicates a lower availability of the coin.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100