### Day Sees Cryptocurrency Sentiment Drop by 4%

14 views 1:51 pm 0 Comments May 13, 2024

Optimism’s value in the OP/USD pair has decreased by 4.11% over the past 24 hours, reaching $2.35. This shift contrasts with its performance in the previous week, where it demonstrated a 3.0% increase, climbing from $2.28 to its current price.

Illustrated below is a comparison of Optimism’s price fluctuations and volatility in the last 24 hours (left) versus the previous week (right). The chart displays Bollinger Bands as gray bands, indicating volatility in both daily and weekly price movements. A wider band suggests higher volatility at a particular time.

The coin’s trading volume has dropped by 22.0% over the last week. Concurrently, the circulating supply has slightly risen by 0.25%, surpassing 1.05 billion, which represents around 24.34% of its total supply of 4.29 billion. Currently, OP holds the #50 position based on market capitalization, amounting to $2.46 billion.

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