Ethereum Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Ethereum's price has decreased by 3.91% over the past 24 hours to $2,554.61, continuing its downward trend over the past week. The trading volume has decreased by 56.0% over the past week, while the circulating supply has increased by 1.65%. Ethereum's market cap ranking is #2 at $307.07 billion.
August 15, 2024 | 7:00 pm
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Ethereum's price has dropped by 3.91% in the past 24 hours to $2,554.61, with a significant decrease in trading volume by 56.0% over the past week. The circulating supply has increased by 1.65%, and the market cap is $307.07 billion.
The significant drop in Ethereum's price and trading volume, coupled with an increase in circulating supply, indicates a bearish trend. This is likely to negatively impact the short-term price of ETHUSD.
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