Cryptocurrency Arbitrum Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Arbitrum (CRYPTO: ARB) has experienced a 3.85% price drop in the past 24 hours, continuing a week-long negative trend with a 9.0% loss. Trading volume has decreased by 10.0%, and the circulating supply has fallen by 0.6%. The current market cap is $2.56 billion, ranking it #44.
June 17, 2024 | 7:03 pm
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Arbitrum (CRYPTO: ARB) has seen a 3.85% price drop in the past 24 hours, continuing a week-long negative trend with a 9.0% loss. Trading volume has decreased by 10.0%, and the circulating supply has fallen by 0.6%. The current market cap is $2.56 billion, ranking it #44.
The continuous price drop and decrease in trading volume and circulating supply indicate a bearish trend for Arbitrum. This negative sentiment is likely to impact its short-term price negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100