Cryptocurrency Internet Computer Up More Than 11% In 24 hours
Portfolio Pulse from Benzinga Insights
Internet Computer's cryptocurrency (ICP) has seen a significant increase of 11.14% in the last 24 hours, reaching a price of $7.18. Over the past week, ICP's value has surged over 38%, climbing from $5.19. Despite the recent gains, it remains far from its all-time high of $700.65. The coin's trading volume has spiked by 151% in the past week, and its circulating supply has slightly decreased by 0.46%. Currently, ICP ranks 26th in market cap, valued at $3.21 billion.

December 15, 2023 | 3:02 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Internet Computer (ICP) has experienced a significant price increase and a surge in trading volume, indicating heightened investor interest and potential for continued short-term momentum.
The substantial increase in price and trading volume for ICP suggests a strong bullish sentiment among investors. The recent performance may attract more attention, potentially leading to further short-term gains. However, the volatility indicated by the Bollinger Bands suggests that investors should be cautious of potential price swings.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100