Ethereum-based layer (L2) scaling solution, Arbitrum has been trading downward recently. Arbitrum price hovered at $0.6907 during the European trading hours, making a dip of 3%. Should bulls fail to overcome this selling pressure, the chances of ARB sliding will increase drastically. According to CoinMarketCap data, its current market capitalization is about $2 million, ranking The post Why Arbitrum Price May Fall Again After Short-Lived Uptrend appeared first on CoinGape .
