XRP Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
XRP's price has fallen by 3.15% in the past 24 hours to $0.47, continuing a week-long downward trend of 4.0%. Trading volume has decreased by 42.0% over the past week, and the circulating supply has slightly decreased by 0.24%. XRP's market cap is currently ranked #8 at $25.99 billion.
June 14, 2024 | 7:03 pm
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NEGATIVE IMPACT
XRP's price has decreased by 3.15% in the past 24 hours to $0.47, continuing a week-long decline of 4.0%. Trading volume has dropped by 42.0% over the past week, and the circulating supply has slightly decreased by 0.24%. XRP's market cap is currently ranked #8 at $25.99 billion.
The significant drop in XRP's price and trading volume over the past week indicates a bearish trend. The decrease in circulating supply is minor but adds to the negative sentiment. The market cap ranking remains high, but the overall trend suggests a short-term negative impact on XRPUSD.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100