Ethereum Rises More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Ethereum (ETH) has seen a significant increase in its price, rising 4.03% in the last 24 hours to $2,629.89, and a 13.0% gain over the past week from $2,339.42. The coin's all-time high is $4,878.26. Trading volume surged 162.0% over the week, with the circulating supply growing by 0.13% to over 120.17 million. Ethereum's market cap ranks #2 at $315.64 billion.
February 13, 2024 | 3:00 pm
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Ethereum's price has increased by 4.03% in the last 24 hours, reaching $2,629.89, with a 13.0% gain over the past week. The trading volume has seen a significant rise of 162.0%, and the circulating supply has slightly increased by 0.13%.
The significant increase in Ethereum's price over the past week, coupled with a substantial rise in trading volume, indicates strong market interest and positive momentum. The slight increase in circulating supply is typical for cryptocurrencies and does not negatively impact the positive trend. Given these factors, Ethereum's short-term outlook appears bullish.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100