Wrapped Bitcoin

Bitcoin

Chainlink

<a href="https://bitcoinworld.co.in/price-analysis-the-price-of-wrapped-bitcoin-wbtc-increased-more-than-5-within-24-hours/" title="Price Analysis: The Price Of Wrapped Bitcoin (WBTC) Increased More Than 5% Within 24 Hours" rel="nofollow"></a>
Over the past 24 hours, the <a href="https://coinstats.app/coins/wrapped-bitcoin-stacks/">price</a> of Wrapped Bitcoin (WBTC) has risen 5.75% to $41,969.00.&nbsp; 
<figure id="attachment_63850" aria-describedby="caption-attachment-63850" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-63850" src="https://bitcoinworld.co.in/wp-content/uploads/Wrappred-BTC-Price-Chart-483x300.png" alt="" width="667" height="414" srcset="https://bitcoinworld.co.in/wp-content/uploads/Wrappred-BTC-Price-Chart-483x300.png 483w, https://bitcoinworld.co.in/wp-content/uploads/Wrappred-BTC-Price-Chart.png 760w" sizes="(max-width: 667px) 100vw, 667px">
 <figcaption id="caption-attachment-63850" class="wp-caption-text">
 Wrapped BTC Price Chart | Source: Coinstats
 </figcaption>
</figure> 
&nbsp; 
This continues its positive trend over the past week where Wrapped Bitcoin (WBTC) has experienced a 1.0% gain, moving from $41,569.60 to its current price.&nbsp; 
As it stands right now, the coin’s all-time high is $70,643.00. 
See Also: <a class="row-title" href="https://bitcoinworld.co.in/price-analysis-the-price-of-chainlink-link-increased-more-than-3-within-24-hours/" aria-label="“Price Analysis: The Price Of Chainlink (LINK) Increased More Than 3% Within 24 Hours” (Edit)">Price Analysis: The Price Of Chainlink (LINK) Increased More Than 3% Within 24 Hours</a> 
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).&nbsp; 
<figure id="attachment_63849" aria-describedby="caption-attachment-63849" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-63849" src="https://bitcoinworld.co.in/wp-content/uploads/Wrapped-BTC-Price-and-Volatility-Chart-563x300.webp" alt="" width="683" height="364" srcset="https://bitcoinworld.co.in/wp-content/uploads/Wrapped-BTC-Price-and-Volatility-Chart-563x300.webp 563w, https://bitcoinworld.co.in/wp-content/uploads/Wrapped-BTC-Price-and-Volatility-Chart-938x500.webp 938w, https://bitcoinworld.co.in/wp-content/uploads/Wrapped-BTC-Price-and-Volatility-Chart-1125x600.webp 1125w, https://bitcoinworld.co.in/wp-content/uploads/Wrapped-BTC-Price-and-Volatility-Chart-768x410.webp 768w, https://bitcoinworld.co.in/wp-content/uploads/Wrapped-BTC-Price-and-Volatility-Chart-1536x819.webp 1536w, https://bitcoinworld.co.in/wp-content/uploads/Wrapped-BTC-Price-and-Volatility-Chart.webp 1920w" sizes="(max-width: 683px) 100vw, 683px">
 <figcaption id="caption-attachment-63849" class="wp-caption-text">
 Wrapped BTC Price and Volatility Chart
 </figcaption>
</figure> 
&nbsp; 
The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements.&nbsp; 
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 decreased 20.0% over the past week, while the overall circulating supply of the coin has decreased 0.36% to over 157 thousand.&nbsp; 
<figure id="attachment_63848" aria-describedby="caption-attachment-63848" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-63848" src="https://bitcoinworld.co.in/wp-content/uploads/Wrapped-BTC-Circulating-Supply-and-Trading-Volume-Chart-563x300.webp" alt="" width="653" height="348" srcset="https://bitcoinworld.co.in/wp-content/uploads/Wrapped-BTC-Circulating-Supply-and-Trading-Volume-Chart-563x300.webp 563w, https://bitcoinworld.co.in/wp-content/uploads/Wrapped-BTC-Circulating-Supply-and-Trading-Volume-Chart-938x500.webp 938w, https://bitcoinworld.co.in/wp-content/uploads/Wrapped-BTC-Circulating-Supply-and-Trading-Volume-Chart-1125x600.webp 1125w, https://bitcoinworld.co.in/wp-content/uploads/Wrapped-BTC-Circulating-Supply-and-Trading-Volume-Chart-768x410.webp 768w, https://bitcoinworld.co.in/wp-content/uploads/Wrapped-BTC-Circulating-Supply-and-Trading-Volume-Chart-1536x819.webp 1536w, https://bitcoinworld.co.in/wp-content/uploads/Wrapped-BTC-Circulating-Supply-and-Trading-Volume-Chart.webp 1920w" sizes="(max-width: 653px) 100vw, 653px">
 <figcaption id="caption-attachment-63848" class="wp-caption-text">
 Wrapped BTC Circulating Supply and Trading Volume Chart
 </figcaption>
</figure> 
&nbsp; 
This puts its current circulating supply at an estimated 100.0% of its max supply, which is 157 thousand.&nbsp; 
The current market cap ranking for WBTC is #17 at $6.63 billion. 
<blockquote>
 Disclaimer: The information provided is not trading nor financial advice. Bitcoinworld.co.in holds no liability for any trading or investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any trading or investment decisions.
</blockquote> 
The post <a href="https://bitcoinworld.co.in/price-analysis-the-price-of-wrapped-bitcoin-wbtc-increased-more-than-5-within-24-hours/">Price Analysis: The Price Of Wrapped Bitcoin (WBTC) Increased More Than 5% Within 24 Hours</a> appeared first on <a href="https://bitcoinworld.co.in">BitcoinWorld</a>.

Price Analysis: The Price Of Wrapped Bitcoin (WBTC) Increased More Than 5% Within 24 Hours

ItsBitcoinWorld

Other articles published on Jan 26, 2024

Grayscale Bitcoin Trust’s Selling Pressure on Bitcoin May Be Easing, JPMorgan Analysts Suggest

Algorand Foundation CEO’s Twitter Account Compromised in Hack Attack

$DOGE and $SOL Flash Buy Signals as $GFOX Smashes $3 Million

Analyst Foresees Bitcoin Correction Post-ETF; InQubeta Presale Nears $10 Million Goal

Ethereum (ETH) Becomes Target of Massive $1 Billion Sell-Off: Who's Responsible?

Aragon Leadership Change: New CEO Antony Leutenegger Steps In

Join our free newsletter for daily crypto updates!