Lido Staked Ether Down More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Lido Staked Ether (STETH) has seen a 4.81% decrease in price over the last 24 hours, continuing a negative trend with a 9.0% loss over the past week. Despite this, trading volume has increased by 9.0%, while the circulating supply has decreased by 1.28%, leading to a current market cap of $31.35 billion, ranking it #8.
April 02, 2024 | 7:01 pm
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Lido Staked Ether (STETH) has experienced a 4.81% price decrease in the last 24 hours and a 9.0% decrease over the past week, with an increase in trading volume and a decrease in circulating supply.
The significant price decrease of STETH over the past week, coupled with an increase in trading volume and a decrease in circulating supply, suggests a negative short-term impact on its price. The market cap ranking indicates a strong market position, but the recent trends could lead to increased volatility.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100