Lido Staked Ether Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Lido Staked Ether (STETH) has seen a 3.11% price drop in the last 24 hours, continuing a week-long decline of 4%. Trading volume has decreased by 59% over the week, while circulating supply increased slightly. STETH ranks #8 in market cap at $25.32 billion.
August 19, 2024 | 3:03 pm
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NEGATIVE IMPACT
Lido Staked Ether (STETH) has experienced a 3.11% price drop in the last 24 hours, continuing a negative trend over the past week with a 4% loss. Trading volume has decreased significantly by 59%, while the circulating supply has increased slightly by 0.26%.
The 3.11% price drop in 24 hours and a 4% decline over the week indicate a negative trend for STETH. The significant decrease in trading volume suggests reduced investor interest, while the slight increase in supply could add downward pressure on price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100