Internet Computer Up More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Internet Computer's (CRYPTO: ICP) price has risen by 4.73% in the last 24 hours to $18.41, despite a weekly trend showing an 8.0% decrease from $19.88. The coin's all-time high was $700.65. Trading volume has fallen by 31.0% over the past week, while the circulating supply increased by 1.36% to over 461.61 million. ICP's current market cap ranking is #19 at $8.48 billion.
April 03, 2024 | 3:00 pm
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POSITIVE IMPACT
Internet Computer (ICP) has seen a 4.73% increase in price over the last 24 hours, moving against its recent downtrend. The trading volume has decreased, but the circulating supply has grown.
The short-term price increase of ICP, despite a weekly downtrend, indicates a potential reversal or temporary bullish sentiment among investors. The decrease in trading volume could suggest less selling pressure, while an increase in circulating supply might have long-term implications on price due to changes in scarcity. The current market cap ranking underscores its significance in the crypto market.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100