Ethereum Falls More Than 3% In 24 hours

Ethereum's ETH/USD price has decreased 3.18% over the past 24 hours to $1,723.72. This is contrary to the coins performance over the past week where it has experienced an up-trend of 8.0%, moving from $1,593.76 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 60.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 0.09%. This brings the circulating supply to 120.49 million. According to our data, the current market cap ranking for ETH is #2 at $206.62 billion.

Powered by CoinGecko API

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

Market News and Data brought to you by Benzinga APIs
Posted In: CryptocurrencyMarketsMoversTrading IdeasBZI-CML
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!