XRP Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
XRP (CRYPTO: XRP) has seen a decrease of 3.13% in its price over the last 24 hours, marking a continuation of its downward trend over the past week with an 8.0% decrease from $0.66 to $0.61. The trading volume for XRP has decreased by 11.0% over the past week, while its circulating supply has increased by 0.28% to over 54.94 billion, representing 54.94% of its max supply. XRP's current market cap is ranked #6 at $33.39 billion.
April 01, 2024 | 7:03 pm
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NEGATIVE IMPACT
XRP has experienced a 3.13% decrease in price over the last 24 hours, with a weekly decrease of 8.0%, indicating a continued downward trend. The trading volume has decreased by 11.0%, and the circulating supply has slightly increased.
The decrease in XRP's price over both the last 24 hours and the past week, combined with a decrease in trading volume, suggests a negative short-term impact on its price. The slight increase in circulating supply may also contribute to the downward pressure on price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100