Wrapped Bitcoin Up More Than 5% In 24 hours
Portfolio Pulse from Benzinga Insights
Wrapped Bitcoin (WBTC) has seen a 5.82% price increase in the last 24 hours, reaching $62,780.00. Over the past week, it has gained 1.0%. The trading volume has risen by 2.0%, while the circulating supply decreased by 1.08%. WBTC's market cap is $9.40 billion, ranking it #16.
October 11, 2024 | 7:02 pm
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POSITIVE IMPACT
Wrapped Bitcoin (WBTC) has increased by 5.82% in the last 24 hours, continuing a positive trend with a 1.0% gain over the past week. The trading volume has increased by 2.0%, while the circulating supply has decreased by 1.08%.
The significant price increase of 5.82% in 24 hours suggests a positive short-term impact on WBTC. The rise in trading volume indicates increased investor interest, while the decrease in circulating supply could contribute to upward price pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100