Cryptocurrency Internet Computer Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Internet Computer's cryptocurrency (ICP) has seen a decline of 3.81% in the last 24 hours, bringing its price to $12.23. This drop is part of a larger negative trend over the past week, with a total decrease of 7.0% from $13.22. The trading volume for ICP has also decreased by 51.0% over the same period, while its circulating supply has slightly decreased by 0.13%, resulting in a current market cap of $5.71 billion, ranking it 22nd.
May 08, 2024 | 7:01 pm
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Internet Computer (ICP) has experienced a 3.81% decrease in price over the last 24 hours to $12.23, contributing to a 7% loss over the past week. The trading volume and circulating supply have also seen significant changes.
The significant drop in price and trading volume, along with a decrease in circulating supply, indicates a negative short-term impact on ICPUSD. The ongoing downward trend and changes in market dynamics suggest a bearish outlook for the asset in the immediate future.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100