Ethereum Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Ethereum (CRYPTO: ETH) has seen a price decrease of 3.09% in the last 24 hours, now at $3,469.48, despite a weekly uptrend of 3.0%. Trading volume fell by 51%, and circulating supply slightly decreased to 120.07 million, with Ethereum's market cap ranking at #2.
March 27, 2024 | 7:00 pm
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Ethereum's price has decreased by 3.09% in the last 24 hours to $3,469.48, despite a recent uptrend. The trading volume and circulating supply have also seen significant changes.
The short-term price decrease of 3.09% in Ethereum, despite its overall weekly gain, indicates a potential volatility in the market that could lead to further short-term declines. The significant drop in trading volume by 51% could also suggest a decrease in investor interest or market activity for Ethereum in the short term, potentially leading to further price decreases.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100