Wrapped Bitcoin's Price Increased More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Wrapped Bitcoin (WBTC) has seen a 4.04% increase in price over the last 24 hours, reaching $72,040.00, continuing a positive trend with an 8.0% gain over the past week. The trading volume for WBTC has increased by 37.0%, and its circulating supply has risen by 0.19% to over 155 thousand, which is the estimated max supply. Currently, WBTC's market cap ranks it at #16 with $11.23 billion.
March 11, 2024 | 3:03 pm
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Wrapped Bitcoin (WBTC) has experienced a significant price increase of 4.04% in the last 24 hours, reaching $72,040.00, with an 8.0% gain over the past week. The trading volume and circulating supply have also seen increases.
The significant price increase of WBTC, along with a rise in trading volume and circulating supply, indicates strong market interest and positive momentum for the asset. This could likely lead to further short-term gains as investors may continue to show increased interest in WBTC, given its recent performance and ranking improvement.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100