Cryptocurrency Aave Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Aave's cryptocurrency (AAVE) has decreased by 3.38% in the last 24 hours, continuing a week-long decline of 8%. Trading volume has dropped by 60% over the week, while circulating supply increased slightly. Aave's market cap is $2.05 billion, ranking it #45.
September 18, 2024 | 7:00 pm
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NEGATIVE IMPACT
Aave's price has decreased by 3.38% in the last 24 hours, continuing a week-long decline of 8%. The trading volume has dropped by 60% over the week, indicating reduced investor interest or activity.
The 3.38% decrease in Aave's price over 24 hours, along with an 8% decline over the week, suggests a bearish trend. The significant drop in trading volume by 60% indicates reduced market activity, which could further pressure the price downward.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100