Wrapped Bitcoin Up More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Wrapped Bitcoin (WBTC) has seen a 3.16% increase in price over the last 24 hours, reaching $71,768.00, continuing a positive trend with a 4.0% gain over the past week. The trading volume for WBTC has surged by 126.0%, and its circulating supply has slightly increased to over 155 thousand, representing 100% of its max supply. Currently, WBTC ranks #16 in market cap at $11.12 billion.

April 08, 2024 | 3:03 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wrapped Bitcoin (WBTC) has experienced a 3.16% increase in price over the last 24 hours, reaching $71,768.00, with a 4.0% gain over the past week. The trading volume has significantly increased by 126.0%, and the circulating supply is now fully tapped at 155 thousand, which is 100% of its max supply.
The positive price movement of WBTC, coupled with a significant increase in trading volume and a fully tapped circulating supply, suggests a strong market interest and potential for further gains. The asset's performance and its ranking in market cap highlight its significance in the crypto market, making this news highly relevant and important for investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100