Cryptocurrency Optimism Decreases More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Optimism's (CRYPTO: OP) price has fallen 4.8% to $1.31 over the past 24 hours, continuing its negative trend over the past week with a 4.0% loss. The trading volume for the coin has increased 44.0% over the past week, while the overall circulating supply of the coin has decreased 0.19%. The current market cap ranking for OP is #42 at $1.05 billion.
September 21, 2023 | 3:01 pm
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NEGATIVE IMPACT
Optimism's (CRYPTO: OP) price has fallen 4.8% to $1.31 over the past 24 hours, continuing its negative trend over the past week with a 4.0% loss. The trading volume for the coin has increased 44.0% over the past week, while the overall circulating supply of the coin has decreased 0.19%.
The price of Optimism has been on a downward trend over the past week, with a significant drop of 4.8% in the last 24 hours. This, coupled with an increase in trading volume, suggests a bearish sentiment among traders. The decrease in circulating supply could further pressure the price downwards.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100