Ethereum's ETH/USD price has decreased 4.74% over the past 24 hours to $2,929.87, continuing its downward trend over the past week of -5.0%, moving from $3,051.96 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.
The trading volume for the coin has fallen 35.0% over the past week which is opposite, directionally, with the overall circulating supply of the coin, which has increased 0.31%. This brings the circulating supply to 117.71 million. According to our data, the current market cap ranking for ETH is #2 at 346.51 billion.
Where Can You Buy Ethereum?
If you are interested in purchasing Ethereum or want to learn more about it, follow this link to Benzinga Money. Our Benzinga Money team has in-depth educational content that not only explains the details of the coin itself but also how and where you can purchase it.
Do you want to learn more about trading and be able to analyze your own portfolio of stocks or cryptocurrencies? Consider signing up for Benzinga Pro. Benzinga Pro gives you up-to-date news and analytics to empower your investing and trading strategy. You can follow the link here to visit.
This post contains affiliate links from which Benzinga may earn a commission.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
