Ethereum's Price Increased More Than 7% Within 24 hours
Portfolio Pulse from Benzinga Insights
Ethereum's price has increased by 7.25% in the last 24 hours, continuing a positive trend with a 4% gain over the past week. The trading volume has risen by 15%, while the circulating supply decreased by 0.14%. Ethereum's market cap is ranked #2 at $315.70 billion.
October 14, 2024 | 3:00 pm
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Ethereum's price has surged by 7.25% in the last 24 hours, continuing a positive trend with a 4% gain over the past week. The trading volume has increased by 15%, while the circulating supply decreased by 0.14%.
The significant price increase of 7.25% in 24 hours, along with a 4% gain over the past week, indicates strong positive momentum for Ethereum. The increase in trading volume by 15% suggests heightened investor interest, which could further drive the price up. The slight decrease in circulating supply may also contribute to upward price pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100