XRP Down More Than 9% Within 24 hours
Portfolio Pulse from Benzinga Insights
XRP's price has dropped by 9.94% in the past 24 hours to $0.48, continuing a week-long decline of 20%. Trading volume has surged by 266% over the past week, while the circulating supply increased by 0.13%. XRP's market cap is currently $26.75 billion, ranking it #7.
August 05, 2024 | 7:00 pm
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NEGATIVE IMPACT
XRP's price has dropped by 9.94% in the past 24 hours to $0.48, continuing a week-long decline of 20%. Trading volume has surged by 266% over the past week, while the circulating supply increased by 0.13%. XRP's market cap is currently $26.75 billion, ranking it #7.
The significant drop in XRP's price over the past 24 hours and week, combined with a surge in trading volume, indicates a bearish trend. The increased volatility and declining price suggest negative sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100