Over the past 24 hours, Wrapped Bitcoin's (CRYPTO: WBTC) price has fallen 4.47% to $19,167.96. This continues its negative trend over the past week where it has experienced a 6.0% loss, moving from $20,327.79 to its current price.
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 24.0% over the past week along with the circulating supply of the coin, which has fallen 0.84%. This brings the circulating supply to 262.53 thousand, which makes up an estimated 100.0% of its max supply of 262.53 thousand. According to our data, the current market cap ranking for WBTC is #16 at $5.03 billion.
Powered by CoinGecko API
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Read at Benzinga