- On April 23, the Arbitrum (ARB) price dropped by around 3% on a daily chart, pushing its value down to $0.1270 following turmoil in the DeFi sector due to the Kelp DAO hack.
- Earlier, the Arbitrum Security Council had achieved success in freezing 30,766 Ethereum tokens that were linked to the hack.
- The price is currently revolving around an important low of $0.121, and if it falls below this level, it could lead to a new low.
On April 23, the Arbitrum (ARB) price witnessed a drop of around 3.26% in the last 24 hours, declining its value from $0.1319 to $0.1270.
At the time of writing, the ARB price is trading at around $0.1269 with a market capitalization of approximately $766.76 million, according to CoinMarketCap. The daily trading volume rose by 17.48%, revolving around $112.82 million.
This drop in the Arbitrum ARB-1.72%
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