Cryptocurrency Arbitrum Up More Than 7% In 24 Hours
Over the past 24 hours, Arbitrum's ARB/USD price has increased by 7.29% to $0.84. This positive trend continues from the past week, during which the coin experienced an 8.0% gain, moving from $0.77 to its current value of $0.84. The all-time high for Arbitrum stands at $2.39.
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Price Movement and Volatility
The chart below compares the price movement and volatility for Arbitrum over the past 24 hours (left) and over the past week (right).
- The gray bands are Bollinger Bands, which measure volatility for both daily and weekly price movements.
- The wider the bands, or the larger the gray area at any given moment, the larger the volatility.
Trading Volume and Supply
- Over the past week, the trading volume for Arbitrum has decreased by 42.0%.
- Meanwhile, the overall circulating supply of the coin has increased by 11.35% to over 3.23 billion.
- This puts the current circulating supply at an estimated 32.32% of its max supply, which is 10.00 billion.
Market Cap Ranking
- The current market cap ranking for ARB is #38, with a market cap of $2.71 billion.
Arbitrum’s recent achievements underline the importance of monitoring cryptocurrency price movements and market volatility for effective investment decisions.
