Ethereum Rises More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Ethereum (CRYPTO: ETH) has seen a 4.56% increase in price over the last 24 hours, reaching $2,041.33, despite a 2.0% decline over the past week. The coin's all-time high is $4,878.26. Ethereum's trading volume is up by 11.0% and the circulating supply has grown by 0.54%, resulting in a market cap of $244.28 billion, ranking it #2 in market cap.
November 20, 2023 | 3:00 pm
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Ethereum (ETH) has experienced a 4.56% increase in the last 24 hours, with a rise in trading volume and circulating supply, indicating a positive short-term momentum.
The increase in Ethereum's price over the last 24 hours, coupled with a rise in trading volume, suggests a positive investor sentiment and potential for continued short-term growth. The increase in circulating supply may have a dilutive effect, but the market cap ranking indicates strong market position.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100