Cryptocurrency Internet Computer Decreases More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cryptocurrency Internet Computer (ICP) has seen a decrease of 5.18% in its price over the last 24 hours, now at $13.89, despite a 14.0% increase over the past week from $12.24. The trading volume for ICP has risen by 14.0%, and its market cap ranking is now #21 at $6.42 billion. The volatility and price movements are illustrated with Bollinger Bands in the provided chart.
April 24, 2024 | 7:03 pm
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Internet Computer (ICP) experienced a 5.18% price decrease over the last 24 hours, now at $13.89, despite a recent uptrend. Its trading volume has increased by 14.0%, and its market cap is $6.42 billion, ranking it 21st.
The short-term price decrease of 5.18% in ICPUSD, despite its 14% increase over the past week, indicates a potential volatility in its market value. The increase in trading volume suggests growing interest, but the immediate impact is negative due to the price drop. The market cap ranking and changes in supply could influence investor perception, potentially affecting its short-term price movement.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100