Over the past 24 hours, Wrapped Bitcoin's WBTC/USD price has fallen 6.14% to $45,478.00. This is opposite to its positive trend over the past week where it has experienced a 5.0% gain, moving from $43,485.62 to its current price.
The chart below compares the price movement and volatility for Wrapped Bitcoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
The trading volume for the coin has climbed 111.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 0.05%. This brings the circulating supply to 158 thousand, which makes up an estimated 100.0% of its max supply of 158 thousand. According to our data, the current market cap ranking for WBTC is #17 at $7.23 billion.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
