Cryptocurrency Internet Computer's Price Increased More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Internet Computer's cryptocurrency (ICP) has seen a 5.39% price increase over the past 24 hours, reaching $4.59. Over the past week, the price has risen from $4.4, marking an overall increase of over 5%. Despite the recent uptick, the price is far from its all-time high of $700.65. The trading volume has decreased by 6% over the past week, while the circulating supply has grown by 0.4% to 449.62 million. Internet Computer currently holds the #34 market cap ranking at $2.07 billion.
November 23, 2023 | 7:00 pm
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Internet Computer (ICP) has experienced a significant price increase of 5.39% in the last 24 hours, and a weekly increase of over 5%, indicating a positive short-term momentum for the cryptocurrency.
The price increase of ICP over the past 24 hours and the past week suggests a bullish short-term outlook for the cryptocurrency. However, the decrease in trading volume could indicate less trading interest, which might temper the price increase. The rise in circulating supply could also potentially dilute the value, but the market cap ranking shows strong market presence.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100