Ethereum Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Ethereum (ETH) has seen a 3.61% decrease in price over the last 24 hours, now at $3,513.42, despite a 9.0% increase over the past week. Trading volume has dropped by 27.0%, while the circulating supply rose by 0.35% to 120.07 million, maintaining its #2 market cap ranking at $422.05 billion.
April 09, 2024 | 3:03 pm
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Ethereum's price has decreased by 3.61% in the last 24 hours, now at $3,513.42, despite a recent 9.0% weekly gain. The trading volume has decreased by 27%, and the circulating supply has increased to 120.07 million.
The short-term price decrease of Ethereum, despite its overall positive trend over the past week, suggests a potential short-term negative impact on its price. The decrease in trading volume alongside an increase in circulating supply could further pressure the price downward in the short term.
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