Lido Staked Ether Up More Than 5% In 24 hours
Portfolio Pulse from Benzinga Insights
Lido Staked Ether (STETH) has seen a 5.64% increase in price over the past 24 hours, reaching $2,380.87, and an 8.0% increase over the past week. Despite a decrease in trading volume by 24.0%, the circulating supply has slightly increased. STETH's market cap is currently ranked #8 at $22.14 billion.
January 10, 2024 | 3:00 pm
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Lido Staked Ether (STETH) has experienced a significant price increase of 5.64% in the last 24 hours and an 8% increase over the past week, despite a decrease in trading volume.
The price increase of STETH indicates strong market performance and investor confidence, which could lead to continued short-term bullish behavior. However, the decrease in trading volume could suggest a potential slowdown in momentum or consolidation phase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100