Cryptocurrency Shrouded Bitcoin By More Than 6% In 24 Hours

In the past 24 hours, Wrapped bitcoin WBTC/USD the price increased by 6.43% for $23,381.00. This continues its positive trend over the past week where it saw a 17.0% gain from $19,861.82 to its current price. In the current state of affairs, the historical high of the coin is $70,643.00.

The chart below compares the price movement and will of Wrapped Bitcoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, believed to produce daily and weekly price movements. The wider the bands, or the larger the gray area at any given time, the greater the want.

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The coin’s trading volume increased by 115.0% over the past week, diverging from the coin’s circulating supply, which decreased by 4.71%. This brings the circulating supply to 237.73 thousand, which is approximately 100.0% of its maximum supply of 237.73 thousand. According to our data, the current WBTC market cap ranking is #18 at $5.54 billion.

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

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