Ethereum Up More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Ethereum's price has increased by 3.61% in the last 24 hours, reaching $2,428.50, despite a 11% loss over the past week. Trading volume has decreased by 13% while circulating supply increased by 0.2%. Ethereum's market cap is ranked #2 at $292.22 billion.
October 04, 2024 | 7:00 pm
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Ethereum's price has risen by 3.61% in the last 24 hours to $2,428.50, despite a weekly decline of 11%. The trading volume has decreased by 13% over the week, while the circulating supply increased by 0.2%.
The short-term price increase of 3.61% suggests a positive momentum for Ethereum, despite the recent weekly decline. The decrease in trading volume might indicate less market activity, but the increase in circulating supply shows continued interest. Overall, the short-term impact is likely positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100