Wrapped Bitcoin's Price Increased More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Wrapped Bitcoin (WBTC) has seen a price increase of 3.18% in the past 24 hours, continuing a positive trend with a 3.0% gain over the past week. Despite the price rise, trading volume has fallen by 34.0%, and the circulating supply has decreased by 0.44%. WBTC's current market cap is $10.79 billion, ranking it #14.
May 30, 2024 | 7:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wrapped Bitcoin (WBTC) has experienced a 3.18% price increase in the past 24 hours, continuing a positive trend over the past week. However, trading volume has decreased by 34.0%, and the circulating supply has slightly decreased by 0.44%.
The price increase indicates positive sentiment and potential short-term gains for WBTC. However, the decrease in trading volume and circulating supply may signal caution. Overall, the short-term impact is likely positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100