XRP Falls More Than 5% In 24 hours
Portfolio Pulse from Benzinga Insights
XRP (CRYPTO: XRP) has experienced a 5.83% price drop over the past 24 hours, continuing a weekly decline of 5.0%. Despite increased trading volume, the circulating supply has slightly decreased. XRP's market cap ranks it 5th at $33.60 billion.
November 14, 2023 | 7:00 pm
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NEGATIVE IMPACT
XRP has seen a significant price decrease of 5.83% in the last 24 hours and a 5% decrease over the past week, with a market cap of $33.60 billion.
The price drop of 5.83% in the past 24 hours and the overall negative trend over the past week are likely to influence short-term sentiment negatively. The increased trading volume suggests higher interest, but it may not be enough to counteract the downward price pressure in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100