Internet Computer’s ICP/USD price has seen a significant increase of 15.27% in the past 24 hours, reaching $14.89. This surge follows a remarkable uptick of over 56.0% in the past week, as the price rose from $8.98 to its current value. It’s worth noting that the all-time high for this coin stands at an impressive $700.65.
To better understand the price movement and volatility of Internet Computer, let’s examine the chart below. On the left side, we can observe the price movement over the past 24 hours, while the right side shows the price movement over the past week. The gray bands represent Bollinger Bands, which measure volatility. The wider the bands or the larger the gray area, the higher the volatility.
In addition to the price surge, Internet Computer’s trading volume has also experienced a significant increase of 135.0% over the past week. This surge in trading volume is accompanied by a 1.08% increase in the circulating supply of the coin, bringing it to a total of 454.21 million. Currently, ICP holds the position of the 18th largest cryptocurrency by market capitalization, with a value of $6.67 billion.
It is important to note that this article has been generated by Benzinga’s automated content engine and reviewed by an editor. As such, it is always recommended to conduct thorough research and seek professional advice before making any investment decisions.
In conclusion, Internet Computer’s ICP/USD price has experienced a substantial increase in the past 24 hours and week. With its current price at $14.89 and an all-time high of $700.65, this cryptocurrency continues to attract attention in the market. As always, it is essential to approach any investment with caution and conduct thorough research.
