Ethereum Up More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Ethereum (ETH) has seen a significant price increase of 4.92% in the last 24 hours, reaching $3,990.43, with a weekly gain of over 17% from $3,416.26. Despite a 0.0% change in trading volume, the circulating supply of ETH has risen by 0.25% to 120.11 million, maintaining its market cap ranking at #2 with $479.62 billion.
March 08, 2024 | 3:01 pm
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Ethereum (ETH) has experienced a 4.92% increase in the last 24 hours, reaching $3,990.43, with a 17% increase over the past week. The circulating supply has also increased by 0.25% to 120.11 million.
The significant price increase of Ethereum over the past week, coupled with a slight increase in circulating supply, indicates strong market performance and investor confidence. This positive momentum is likely to continue in the short term, contributing to a bullish outlook for ETH.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100