XRP Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
XRP's price has fallen 3.44% to $0.47 over the past 24 hours, continuing its negative trend from the past week. Despite the price drop, trading volume has increased by 30% while the circulating supply has slightly decreased. XRP's market cap is currently ranked #8 at $25.97 billion.
July 05, 2024 | 2:59 pm
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NEGATIVE IMPACT
XRP's price has decreased by 3.44% to $0.47 in the past 24 hours, continuing its negative trend from the past week. Trading volume has increased by 30%, while the circulating supply has slightly decreased.
The significant price drop of 3.44% in 24 hours, combined with increased trading volume, indicates heightened market activity and potential investor concern. The slight decrease in circulating supply does not offset the negative price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100