$70089.5
Time period | Change amount | % Change |
---|---|---|
1H | $-600.87 | -0.85% |
24H | $+3426.48 | +5.14% |
7D | $+8875.96 | +14.5% |
30D | $+5562.25 | +8.62% |
1Y | $+43314.28 | +161.77% |
84.88
Reliability Score
Rank #1
# 320
Percentile
TOP 5%
Wrapped Bitcoin price today is $70089.5 with a 24-hour trading volume of $1.1 B, and as such Wrapped Bitcoin has a market cap of $10.88 B, giving it a market dominance of 0.37%. The Wrapped Bitcoin price moved 5.14% in the last 24 hours.
Wrapped Bitcoin reached its highest price on 2024-03-14 when it was trading at its all-time high of $73505, while its lowest price was recorded on 2019-04-02 when it was trading at its all-time low of $3.14 K. The current lowest price since the last cycle high was $3139.17, and the highest price since the last cycle low was $73505. The social sentiment of Wrapped Bitcoin is currently Positive.
The current circulating supply of Wrapped Bitcoin is $155.27 K WBTC. In terms of market cap, Wrapped Bitcoin is currently ranked 19.
There are two schools of thought in determining the price of Wrapped Bitcoin.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Wrapped Bitcoin, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Wrapped Bitcoin from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Wrapped Bitcoin on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Wrapped Bitcoin as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Wrapped Bitcoin and the cryptocurrency market as a whole.
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Allocations
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On-chain transactions leading up to the return suggest this wasn’t a white hat hacker but a malicious actor who intended to steal the funds before investigators got involved.
On Friday, GBTC funds flowed in at 63 million, ending a 78-day continuous outflow_ Uniswap CEO expressed views on token allocation_ In terms of WBTC macro, users lost $71 million due to address poisoning attacks.
Celsius Network established a crypto wallet with $25 million of crypto assets for the lender’s custody account holders to withdraw, Arkham Intelligence said in a report. Eligible customers have withdrawn some $17.7 million of crypto assets, the firm’s chief executive said in a Wednesday court hearing.
Date | Market Cap | Volume | Open | Close |
---|---|---|---|---|
2024-05-21 | $11.07 B | 0.1155 WBTC | $71.3 K | N/A |
2024-05-20 | $10.33 B | 0.01080 WBTC | $66.51 K | $71.3 K |
2024-05-19 | $10.38 B | 0.3766 WBTC | $66.86 K | $66.51 K |
2024-05-18 | $10.39 B | 0.2700 WBTC | $66.92 K | $66.86 K |
2024-05-17 | $10.16 B | 0.3578 WBTC | $65.43 K | $66.92 K |
2024-05-16 | $10.25 B | 0.8712 WBTC | $66.04 K | $65.43 K |
2024-05-15 | $9.56 B | 0.6166 WBTC | $61.58 K | $66.04 K |
2024-05-14 | $9.74 B | 1.64 WBTC | $62.75 K | $61.58 K |