Lido Staked Ether Down More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Lido Staked Ether (STETH) has seen a price decrease of 4.04% in the past 24 hours, continuing a downward trend over the past week. Trading volume has fallen by 33.0% while the circulating supply has increased by 2.0%. The current market cap ranking for STETH is #8 at $24.99 billion.
August 15, 2024 | 7:02 pm
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NEGATIVE IMPACT
Lido Staked Ether (STETH) has experienced a 4.04% price drop in the past 24 hours, continuing a weekly decline. Trading volume has decreased by 33.0%, while the circulating supply has increased by 2.0%.
The significant price drop and decrease in trading volume indicate a bearish sentiment in the market for STETH. The increase in circulating supply adds to the downward pressure on the price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100