Over the previous 24 hours, Wrapped Bitcoin’s WBTC/USD worth has fallen 5.4% to $19,141.04. This continues its detrimental development over the previous week the place it has skilled a 1.0% loss, transferring from $19,295.49 to its present worth.

The chart beneath compares the value motion and volatility for Wrapped Bitcoin over the previous 24 hours (left) to its worth motion over the previous week (proper). The grey bands are Bollinger Bands, measuring the volatility for each the day by day and weekly worth 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, transferring 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 line with our information, the present market cap rating for WBTC is #19 at $4.71 billion.

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

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