Wrapped Bitcoin Up More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Wrapped Bitcoin (WBTC) has seen a 4.29% price increase over the past 24 hours, reaching $69,790.00, despite a 2.0% loss over the past week. The trading volume has decreased by 20.0% over the past week, with the circulating supply also decreasing by 0.15%. WBTC's market cap is currently ranked #14 at $10.68 billion.
June 12, 2024 | 3:03 pm
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POSITIVE IMPACT
Wrapped Bitcoin (WBTC) has experienced a 4.29% price increase in the past 24 hours, reaching $69,790.00. This is a reversal from its 2.0% loss over the past week. Trading volume has decreased by 20.0%, and the circulating supply has decreased by 0.15%.
The 4.29% price increase in the past 24 hours indicates a positive short-term trend for WBTC, despite the recent weekly loss. The decrease in trading volume and circulating supply suggests reduced market activity, but the price increase is a strong positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100