Ethereum's Price Increased More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Ethereum (CRYPTO: ETH) has seen a 4.98% increase in price over the last 24 hours, reaching $3,258.36, and a 12.0% gain over the past week from $2,922.74. Its trading volume rose by 19.0% in the same period, with the circulating supply slightly increasing to 120.15 million. Ethereum's market cap is now ranked #2 at $390.13 billion.
February 27, 2024 | 3:02 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Ethereum (ETH) experienced a 4.98% price increase in the last 24 hours, reaching $3,258.36, and a 12% gain over the past week. The trading volume has also increased by 19%, with a slight rise in circulating supply.
The significant price increase and trading volume growth indicate strong market interest and positive momentum for Ethereum. The slight increase in circulating supply suggests a healthy market activity without diluting value. These factors combined with Ethereum's strong market cap position suggest a positive short-term outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100