Cryptocurrency Arbitrum's Price Increased More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Arbitrum's (CRYPTO: ARB) price has increased by 3.32% over the past 24 hours to $0.93, and by over 21.0% over the past week. The trading volume for the coin has increased 401.0% over the past week, while the overall circulating supply of the coin has decreased 0.49%. The current market cap ranking for ARB is #41 at $1.19 billion.
October 26, 2023 | 7:00 pm
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Arbitrum's (CRYPTO: ARB) price has increased by 3.32% over the past 24 hours to $0.93, and by over 21.0% over the past week. The trading volume for the coin has increased 401.0% over the past week, while the overall circulating supply of the coin has decreased 0.49%.
The price of Arbitrum has increased significantly over the past week, and the trading volume has also increased, indicating a high level of interest in the coin. The decrease in circulating supply could also be contributing to the price increase, as it reduces the supply of the coin available for trading. This could potentially lead to a further increase in price if demand continues to outstrip supply.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100