Cryptocurrency Internet Computer Down More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Internet Computer (ICP) cryptocurrency has experienced a 5.87% price drop in the last 24 hours, contrasting with a 5% gain over the past week. Trading volume increased by 12% while circulating supply slightly decreased. ICP's market cap is ranked #28 at $4.30 billion.
September 30, 2024 | 7:03 pm
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NEGATIVE IMPACT
Internet Computer (ICP) has seen a significant price drop of 5.87% in the last 24 hours, despite a positive trend over the past week. The trading volume has increased by 12%, indicating heightened market activity.
The 5.87% price drop in ICP within 24 hours suggests a negative short-term impact on its price. The increase in trading volume by 12% indicates increased market activity, which could lead to further volatility. The recent positive trend over the past week may not be enough to counteract the immediate negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100