Ethereum Up More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Ethereum (ETH) has seen a 4.99% increase in price over the last 24 hours, reaching $2,335.37, and a 3.0% gain over the past week. The coin's all-time high is $4,878.26. Trading volume has risen by 54.0%, while the circulating supply has slightly decreased. Ethereum's market cap ranks it second at $279.23 billion.
December 22, 2023 | 3:00 pm
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POSITIVE IMPACT
Ethereum's price has increased by nearly 5% in the last day and has shown a steady rise over the week. The trading volume has significantly increased, indicating heightened investor interest.
The price increase of Ethereum, coupled with a significant rise in trading volume, suggests a bullish sentiment among investors. The decrease in circulating supply could further drive the price up due to scarcity. However, as cryptocurrencies are highly volatile, the impact score is not at the maximum.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100