Ethereum fell more than 3% in 24 hours

Ethereum ETH/USD The price has decreased by 3.42% in the last 24 hours until $2,498.68continuing its downward trend during the last week of -5.0%, going from $2,640.35 to its current price.

The chart below compares Ethereum's price movement and volatility over the last 24 hours (left) with its price movement over the past week (right). The gray bands are Bollinger Bands and measure the volatility of both daily and weekly price movements. The wider the bands, or the larger the gray area at any given time, the greater the volatility.

The coin's trading volume increased by 33.0% over the past week, moving in the opposite direction to the coin's overall circulating supply, which decreased by 0.05%. This brings the circulating supply to 120.37 million. According to our data, ETH's current market cap ranking is number 2 with $300.77 billion.

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

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