Lido Staked Ether Falls More Than 6% In 24 hours
Portfolio Pulse from Benzinga Insights
Lido Staked Ether (STETH) has fallen 6.81% in the past 24 hours to $3,088.83, continuing a week-long downward trend. Trading volume has decreased by 48% over the past week, while the circulating supply has increased by 0.5%. The current market cap ranking for STETH is #8 at $30.35 billion.
August 01, 2024 | 7:02 pm
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Lido Staked Ether (STETH) has experienced a significant price drop of 6.81% in the past 24 hours, continuing a week-long downward trend. Trading volume has decreased by 48% over the past week, while the circulating supply has increased by 0.5%.
The significant price drop and decreased trading volume indicate a bearish sentiment among investors. The increase in circulating supply could further pressure the price downward in the short term.
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