Cryptocurrency Arbitrum Rises More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Cryptocurrency Arbitrum (ARB) has seen a 4.33% increase in price over the last 24 hours, reaching $1.7, despite a 15% decline over the past week from $2.02. The coin's all-time high is $2.39. Trading volume for ARB has risen by 18% over the past week, and its circulating supply has increased by 0.22% to 1.27 billion, which is 12.75% of its max supply. Arbitrum's market cap is currently ranked #41, valued at $2.16 billion.
January 24, 2024 | 7:01 pm
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Arbitrum (ARB) has experienced a short-term price increase of 4.33% to $1.7, with an 18% increase in trading volume and a slight rise in circulating supply.
The recent price increase and higher trading volume indicate a growing interest in Arbitrum, which could lead to further short-term gains. However, the overall market trend and volatility should be monitored as the recent weekly loss may still influence investor sentiment.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100