Wrapped Bitcoin's Price Increased More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Wrapped Bitcoin (WBTC) experienced a 5.21% price increase over the past 24 hours, reaching $68,897.00. This rise is part of a positive trend over the past week, with a 1.0% gain from $67,011.37. The coin's all-time high is $73,505.00. Trading volume for WBTC has increased by 5.0% over the past week, while the circulating supply decreased by 1.05% to 155 thousand, which is the max supply. WBTC's market cap ranking is #16 at $10.72 billion.
March 25, 2024 | 4:05 pm
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Wrapped Bitcoin (WBTC) has seen a significant price increase of 5.21% in the last 24 hours, reaching $68,897.00, with a 1.0% gain over the past week. The trading volume has increased by 5.0%, and the circulating supply has decreased by 1.05% to its max supply of 155 thousand. WBTC's market cap is now ranked #16 at $10.72 billion.
The significant price increase of WBTC, along with a rise in trading volume and a stable max supply, indicates strong market performance and investor interest. This positive trend, if sustained, could lead to further short-term gains. The increase in market cap ranking underscores its growing significance in the crypto market.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100