Wrapped Bitcoin Up More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Wrapped Bitcoin (WBTC) has seen a 4.82% increase in price over the last 24 hours, reaching $45,037.00. Over the past week, its price has risen by over 6%, from $42,417.42. The coin's all-time high is $70,643.00. Trading volume for WBTC has surged by 73% in the past week, with its circulating supply also increasing by 0.17% to 157 thousand, which is the estimated max supply. WBTC's market cap is currently ranked #17 at $7.10 billion.
February 08, 2024 | 3:02 pm
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Wrapped Bitcoin (WBTC) has experienced a significant price increase of 4.82% in the last 24 hours, reaching $45,037.00, with a weekly gain of over 6%. The trading volume has also seen a substantial rise of 73% over the past week.
The significant increase in WBTC's price and trading volume over the past week indicates strong market interest and positive momentum, which could lead to further short-term gains. The increase in circulating supply aligns with the price and volume increases, suggesting a healthy market demand for WBTC.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100