Cryptocurrency Arbitrum Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Cryptocurrency Arbitrum (ARB) experienced a 3.59% price decrease over the last 24 hours, continuing a weekly downtrend of -3.0%. The trading volume for ARB has decreased by 35% over the past week, with its circulating supply also decreasing by 0.78% to over 2.65 billion. Currently, ARB's market cap ranks #35 at $3.65 billion.
April 12, 2024 | 3:00 pm
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Arbitrum (ARB) has seen a 3.59% decrease in price over the last 24 hours, with a weekly decrease of 3.0%. The trading volume has decreased by 35%, and the circulating supply has slightly decreased, affecting its market cap ranking at #35.
The decrease in price and trading volume, along with a slight reduction in circulating supply, indicates a bearish short-term outlook for ARBUSD. The market cap ranking reflects its current valuation in comparison to other cryptocurrencies.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100