Wrapped Bitcoin Up More Than 8% In 24 hours
Portfolio Pulse from Benzinga Insights
Wrapped Bitcoin (WBTC) has seen an 8.34% price increase in the past 24 hours, reaching $56,824.00, despite a 14.0% loss over the past week. The trading volume has decreased by 17.0%, while the circulating supply has increased by 0.12%. WBTC's market cap is currently $8.81 billion, ranking it #13.
August 06, 2024 | 7:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Wrapped Bitcoin (WBTC) has experienced an 8.34% price increase in the past 24 hours, reaching $56,824.00. This is a reversal from its 14.0% loss over the past week. Trading volume has decreased by 17.0%, while the circulating supply has increased by 0.12%.
The significant short-term price increase of 8.34% suggests positive momentum for WBTC, despite the recent weekly loss. The decrease in trading volume and slight increase in circulating supply are additional factors to consider.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100