Cryptocurrency Arbitrum Falls More Than 6% In 24 hours

Arbitrum's (CRYPTO: ARB) price has decreased 6.16% over the past 24 hours to $2.0. This is contrary to the coins performance over the past week where it has experienced an up-trend of 4.0%, moving from $1.93 to its current price.

Arbitrum’s (CRYPTO: ARB) price has decreased 6.16% over the past 24 hours to $2.0. This is contrary to the coins performance over the past week where it has experienced an up-trend of 4.0%, moving from $1.93 to its current price.

The chart below compares the price movement and volatility for Arbitrum 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.

price_chart

The trading volume for the coin has increased 2.0% over the past week. while the overall circulating supply of the coin has decreased 0.01% This puts its current circulating supply at an estimated 12.75% of its max supply, which is 10.00 billion. The current market cap ranking for ARB is #43 at $2.57 billion.

supply_and_vol

Powered by CoinGecko API

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

Total
0
Shares
Related Posts
Read More

Nasdaq Rises 50 Points; US Manufacturing PMI Improves In September

U.S. stocks traded slightly higher this morning, with the Nasdaq Composite gaining around 50 points on Friday. Following the market opening Friday, the Dow traded up 0.02% to 34,078.08 while the NASDAQ rose 0.41% to 13,277.55. The S&P 500 also rose, gaining, 0.20% to 4,338.80.

AVTX