Over the previous 24 hours, Wrapped Bitcoin’s WBTC/USD value has fallen 5.4% to $19,141.04. This continues its adverse pattern over the previous week the place it has skilled a 1.0% loss, shifting from $19,295.49 to its present value.
The chart beneath compares the worth motion and volatility for Wrapped Bitcoin over the previous 24 hours (left) to its value motion over the previous week (proper). The grey bands are Bollinger Bands, measuring the volatility for each the every day and weekly value actions. The broader the bands are, or the bigger the grey space is at any given second, the bigger the volatility.
Wrapped Bitcoin’s buying and selling quantity has climbed 40.0% over the previous week, shifting in tandem, directionally, with the general circulating provide of the coin, which has elevated 0.01%. This brings the circulating provide to 245 thousand, which makes up an estimated 100.0% of its max provide of 245 thousand. In response to our knowledge, the present market cap rating for WBTC is #19 at $4.71 billion.
This text was generated by Benzinga’s automated content material engine and reviewed by an editor.