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Ethereum Down More Than 3% Within 24 hours

Published 11/05/2023, 16:00
Updated 11/05/2023, 17:11
© Reuters Ethereum Down More Than 3% Within 24 hours

Benzinga - Ethereum's (CRYPTO: ETH) price has decreased 3.9% over the past 24 hours to $1,797.66, continuing its downward trend over the past week of -4.0%, moving from $1,887.52 to its current price.

The chart below compares the price movement and volatility for Ethereum over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

Ethereum's trading volume has climbed 11.0% over the past week along with the circulating supply of the coin, which has increased 0.18%. This brings the circulating supply to 120.31 million. According to our data, the current market cap ranking for ETH is #2 at $216.86 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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