Wrapped Bitcoin's Price Increased More Than 4% Within 24 hours

Over the past 24 hours, Wrapped Bitcoin's WBTC/USD price rose 4.67% to $51,427.00. This continues its positive trend over the past week where it has experienced a 18.0% gain, moving from $43,607.24 to its current price. As it stands right now, the coin's all-time high is $70,643.00.

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 increased 4.0% over the past week. while the overall circulating supply of the coin has decreased 0.57% This puts its current circulating supply at an estimated 100.0% of its max supply, which is 156 thousand. The current market cap ranking for WBTC is #16 at $8.08 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.