Wrapped Bitcoin's Price Increased More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Wrapped Bitcoin (WBTC) has seen a price increase of 5.91% in the past 24 hours, reaching $63,597.00. Over the past week, it has risen by over 13.0%. Despite a 33.0% drop in trading volume, the circulating supply has increased slightly to 153 thousand, making up 99.03% of its max supply. WBTC's market cap is currently $9.72 billion, ranking it #15.
July 15, 2024 | 7:02 pm
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Wrapped Bitcoin (WBTC) has experienced a significant price increase of 5.91% in the past 24 hours and 13.0% over the past week. Despite a drop in trading volume, the circulating supply has slightly increased, and its market cap is $9.72 billion, ranking it #15.
The significant price increase in WBTC over the past 24 hours and week indicates strong positive momentum. Despite a drop in trading volume, the slight increase in circulating supply and high market cap ranking suggest continued investor interest and potential for further gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100