Cryptocurrency Cosmos Hub Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cosmos Hub's cryptocurrency, ATOM, has seen a 3.6% decrease in price over the last 24 hours, continuing a week of negative trend with a slight 0.0% loss. The trading volume and circulating supply have also decreased, with the market cap ranking at #27.
February 20, 2024 | 7:03 pm
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NEGATIVE IMPACT
ATOM has experienced a 3.6% decrease in price over the last 24 hours, with a week-long trend of slight losses. The trading volume and circulating supply have decreased.
The decrease in ATOM's price over the past 24 hours and the past week indicates a negative short-term trend for the asset. The reduction in trading volume and circulating supply could further pressure the price downward. Given these factors, a negative impact on ATOM's short-term price is likely.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100