Wrapped Bitcoin Up More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Wrapped Bitcoin (WBTC) has seen a 3.63% increase in price over the last 24 hours, reaching $53,525.00. This is part of a positive trend over the past week, with a 3.0% gain from $51,893.52. The coin's all-time high is $70,643.00. Trading volume for WBTC has risen by 29.0% over the past week, with the circulating supply now at 156 thousand, which is the estimated max supply. WBTC's market cap ranking is currently #16 at $8.40 billion.
February 26, 2024 | 7:02 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wrapped Bitcoin (WBTC) has experienced a 3.63% increase in price over the last 24 hours, reaching $53,525.00, with a week-long positive trend of a 3.0% gain. The trading volume has increased by 29.0% over the past week.
The positive price movement of WBTC, along with an increase in trading volume, indicates strong market interest and could lead to further short-term gains. The full circulation of its max supply suggests a stable market presence, reinforcing its current positive trend.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100