Ethereum Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Ethereum's price has fallen 3.53% to $1,578.69 in the past 24 hours, continuing its negative trend over the past week with a 5.0% loss. The trading volume for the coin has tumbled 44.0% over the past week along with the circulating supply of the coin, which has fallen 0.24%. The current market cap ranking for ETH is #2 at $189.93 billion.
October 09, 2023 | 7:00 pm
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NEGATIVE IMPACT
Ethereum's price has fallen 3.53% in the past 24 hours, continuing its negative trend over the past week with a 5.0% loss. The trading volume for the coin has tumbled 44.0% over the past week along with the circulating supply of the coin, which has fallen 0.24%.
The decrease in Ethereum's price, along with a decrease in trading volume and circulating supply, indicates a negative short-term impact on the asset. The continued negative trend over the past week suggests a bearish outlook for Ethereum in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100