Cryptocurrency Internet Computer Decreases More Than 8% Within 24 hours
Portfolio Pulse from Benzinga Insights
Internet Computer's cryptocurrency (ICP) has seen a significant decrease of 8.63% in the last 24 hours, bringing its price down to $16.29. This drop is part of a negative trend over the past week, with an overall 8.0% loss from $17.86. The trading volume for ICP has decreased by 43.0%, while its circulating supply has slightly increased by 0.33%, reaching 462.28 million. Currently, ICP ranks #22 in market cap with a valuation of $7.53 billion.
April 09, 2024 | 7:03 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Internet Computer's cryptocurrency (ICP) has experienced a significant price drop of 8.63% in the last 24 hours, with a weekly loss of 8.0%, indicating a negative trend. The trading volume has decreased by 43%, while the circulating supply has increased by 0.33%.
The significant price drop of 8.63% in the last 24 hours, coupled with a weekly trend of decline, suggests a negative short-term impact on ICPUSD. The decrease in trading volume alongside a slight increase in supply further supports the expectation of continued downward pressure on the price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100