Cryptocurrency Arbitrum Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Arbitrum (CRYPTO: ARB) has experienced a 3.06% price decrease in the past 24 hours, contrasting with its 18.0% gain over the past week. Trading volume has decreased by 14.0%, and the circulating supply has slightly increased. The current market cap is $1.89 billion, ranking it #47.
August 14, 2024 | 7:03 pm
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Arbitrum (CRYPTO: ARB) has seen a 3.06% price drop in the last 24 hours, despite an 18.0% gain over the past week. Trading volume has decreased by 14.0%, and the circulating supply has slightly increased. The current market cap is $1.89 billion, ranking it #47.
The recent 3.06% price drop in Arbitrum (CRYPTO: ARB) within 24 hours, coupled with a 14.0% decrease in trading volume, suggests a short-term negative impact on its price. Despite the positive trend over the past week, the immediate decline and reduced trading activity indicate potential short-term bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100