Cryptocurrency Arbitrum's Price Increased More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cryptocurrency Arbitrum (CRYPTO: ARB) has seen a 3.01% increase in price over the past 24 hours, reaching $0.81. This is a reversal of its trend over the past week, where it experienced an 11.0% loss. The trading volume for the coin has increased by 43.0% over the past week, while the circulating supply has decreased by 0.08%, bringing it to 1.27 billion. The current market cap ranking for ARB is #43 at $1.03 billion.
September 14, 2023 | 7:00 pm
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Arbitrum's price has increased by 3.01% in the past 24 hours, reversing its previous week's trend of an 11.0% loss. The trading volume has increased by 43.0% over the past week.
The increase in Arbitrum's price and trading volume indicates a positive short-term impact on its value. The decrease in circulating supply could also contribute to the price increase due to the supply-demand dynamics. However, the overall trend over the past week has been negative, which could indicate potential volatility.
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