Cryptocurrency Internet Computer Decreases More Than 7% Within 24 hours
Portfolio Pulse from Benzinga Insights
Internet Computer (ICP) has seen a 7.27% decrease in price over the past 24 hours, continuing a downward trend. Trading volume has fallen by 47% over the past week, while circulating supply has increased by 0.47%. The current market cap ranking for ICP is #27 at $4.50 billion.
July 23, 2024 | 7:03 pm
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NEGATIVE IMPACT
Internet Computer (ICP) has experienced a significant price drop of 7.27% in the last 24 hours, with a notable decrease in trading volume by 47% over the past week. The circulating supply has increased slightly by 0.47%, and the market cap stands at $4.50 billion, ranking it #27.
The significant price drop and decrease in trading volume indicate a bearish sentiment among investors. The slight increase in circulating supply adds to the downward pressure on the price. These factors combined suggest a likely short-term negative impact on ICP's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100