Arbitrum Value Drops 2.40% Over Past 24 Hours

The Arbitrum (ARB) cryptocurrency has seen a decline in value over the past 24 hours, decreasing by 2.40%. This drop comes after reaching an all-time high of $2.39.

At the time of writing, 1 ARB is equivalent to approximately $8.88 CAD, according to Bybit's real-time exchange rate. The circulating supply of ARB stands at 7 billion, with a market capitalization of $743.56 million CAD and a 24-hour trading volume of $61.24 million CAD.

Users can convert their ARB to CAD on Bybit, which offers zero conversion fees and a 15-second rate lock once confirmed. The exchange also provides proof of reserves, with monthly verifications using on-chain Merkle proof.