Cryptocurrency Optimism Decreases More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cryptocurrency Optimism's (CRYPTO: OP) price has fallen 5.22% to $1.18 in the past 24 hours, continuing its negative trend over the past week with a 9.0% loss. The trading volume for the coin has decreased 2.0% over the past week, while the overall circulating supply of the coin has decreased 0.49% to over 880.44 million. The current market cap ranking for OP is #41 at $1.04 billion.
October 12, 2023 | 7:00 pm
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Optimism's (CRYPTO: OP) price has fallen 5.22% to $1.18 in the past 24 hours, continuing its negative trend over the past week with a 9.0% loss. The trading volume for the coin has decreased 2.0% over the past week, while the overall circulating supply of the coin has decreased 0.49% to over 880.44 million.
The price of Optimism has been on a downward trend, which is likely to continue in the short term due to the decrease in trading volume and circulating supply. This indicates a lack of demand for the coin, which is a bearish signal for its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100