Internet Computer Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Internet Computer (CRYPTO: ICP) has seen a price decrease of 3.35% in the last 24 hours, now at $12.91, despite a weekly uptrend of 5.0%. Its trading volume increased by 31.0%, and the circulating supply slightly rose by 0.02% to 458.34 million. Currently, ICP ranks #18 with a market cap of $5.91 billion.
February 13, 2024 | 7:03 pm
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Internet Computer (ICP) experienced a 3.35% price drop in the last 24 hours to $12.91, despite a 5% increase over the week. Trading volume is up by 31%, and its market cap is $5.91 billion, ranking it #18.
The short-term price drop of 3.35% in ICPUSD, despite its recent weekly gains, indicates a potential volatility in its market value. The increase in trading volume suggests heightened activity, possibly due to investors reacting to the price change. The slight increase in circulating supply may also influence market dynamics. Given these factors, the short-term impact is likely negative, reflecting the immediate price decrease.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100