Lido Staked Ether Falls More Than 7% In 24 hours
Portfolio Pulse from Benzinga Insights
Lido Staked Ether (STETH) has fallen by 7.95% in the past 24 hours to $3,166.98, continuing its downward trend over the past week with an 8.0% decrease. Trading volume has increased by 144.0% over the past week, while the circulating supply has risen by 0.75% to 9.82 million. The current market cap ranking for STETH is #8 at $31.12 billion.
July 25, 2024 | 3:01 pm
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NEGATIVE IMPACT
Lido Staked Ether (STETH) has experienced a significant price drop of 7.95% in the past 24 hours, continuing its downward trend over the past week. The trading volume has surged by 144.0%, indicating increased market activity, while the circulating supply has slightly increased by 0.75%.
The significant price drop of 7.95% in the past 24 hours, along with an 8.0% decline over the past week, indicates a bearish trend for STETH. The increased trading volume suggests heightened market activity, but the overall sentiment remains negative.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100