XRP Falls More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
XRP's price has fallen 4.97% to $0.58 over the past 24 hours, despite a 6.0% gain over the past week. Trading volume has increased by 42.0%, while the circulating supply has decreased by 1.33%. XRP's market cap is currently $32.54 billion, ranking it #7.
August 09, 2024 | 3:01 pm
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NEGATIVE IMPACT
XRP's price has dropped 4.97% to $0.58 in the past 24 hours, despite a 6.0% gain over the past week. Trading volume has increased by 42.0%, while the circulating supply has decreased by 1.33%.
The significant drop in XRP's price over the past 24 hours, despite a positive trend over the past week, indicates short-term bearish sentiment. The increase in trading volume and decrease in circulating supply add to the volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100