The price of Ethereum (CRYPTO: ETH) is down 4.84% over the past 24 hours to $2,587.71. This move is contrary to the performance of the coin over the past week, when it experienced a 1.00% rise from $2,565.07 to its current price.
The chart below compares Ethereum’s price movement and volatility over the past 24 hours (left) to the price movement over the past week (right). The grey bands are Bollinger Bands, which measure the volatility of daily and weekly price movements. The wider the bands or the larger the grey area at a given point in time, the higher the volatility.
Ethereum trading volume has climbed 4.00% over the past week, moving directionally in parallel with the coin’s total circulating supply, which has increased by 0.08%. This brings the circulating supply to 120.30 million. According to our data, by market cap, ETH is currently ranked #2 at 311.20 billion.
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Via CoinGecko API
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