Cryptocurrency Arbitrum Up More Than 7% In 24 hours
Portfolio Pulse from Benzinga Insights
Arbitrum (CRYPTO: ARB) has seen a 7.29% price increase in the past 24 hours, continuing its positive trend with an 8.0% gain over the past week. Despite the price rise, trading volume has decreased by 42.0%, while the circulating supply has increased by 11.35%. The current market cap is $2.71 billion, ranking it #38.
June 25, 2024 | 7:03 pm
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Arbitrum (CRYPTO: ARB) has experienced a 7.29% price increase in the past 24 hours and an 8.0% gain over the past week. However, trading volume has decreased by 42.0%, and the circulating supply has increased by 11.35%. The current market cap is $2.71 billion, ranking it #38.
The price increase of 7.29% in the past 24 hours and 8.0% over the past week indicates positive momentum for Arbitrum. However, the decrease in trading volume by 42.0% and the increase in circulating supply by 11.35% may temper the bullish sentiment. The overall market cap and ranking suggest a strong position in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100