Ethereum Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Ethereum's price has decreased by 3.98% over the past 24 hours to $3,678.71, continuing a downward trend over the past week. Trading volume has tumbled 10.0% while the circulating supply has risen 1.19%.
June 07, 2024 | 7:00 pm
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Ethereum's price has dropped by 3.98% in the past 24 hours to $3,678.71, continuing a downward trend over the past week. Trading volume has decreased by 10.0%, while the circulating supply has increased by 1.19%.
The significant drop in Ethereum's price over the past 24 hours, combined with a decrease in trading volume and an increase in circulating supply, suggests a bearish sentiment in the market. This is likely to negatively impact the short-term price of ETHUSD.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100