Wrapped Bitcoin's Price Increased More Than 5% Within 24 hours

Wrapped Bitcoin's WBTC/USD price has increased 5.91% over the past 24 hours to $63,597.00. Over the past week, WBTC has experienced an uptick of over 13.0%, moving from $56,308.35 to its current price. As it stands right now, the coin's all-time high is $73,505.00.

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 tumbled 33.0% over the past week while the circulating supply of the coin has risen 0.05%. This brings the circulating supply to 153 thousand, which makes up an estimated 99.03% of its max supply of 154 thousand. According to our data, the current market cap ranking for WBTC is #15 at $9.72 billion.

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