Excuse me, could you possibly elaborate on the market capitalization of Wrapped Bitcoin? I'm quite interested in understanding its value within the larger cryptocurrency landscape. Could you please explain how this metric is calculated and what factors might influence its fluctuations? Additionally, how does Wrapped Bitcoin's market cap compare to other major cryptocurrencies? Your insights would be greatly appreciated.
7 answers
SkylitEnchantment
Sun Jun 16 2024
In the past 24 hours, Wrapped Bitcoin has experienced a slight decline of -0.22%, demonstrating its resilience in volatile market conditions.
Ilaria
Sun Jun 16 2024
Wrapped Bitcoin, currently priced at $69,434.33 per unit (WBTC/USD), maintains a significant market capitalization of $10.64 billion USD.
ChristopherWilson
Sun Jun 16 2024
Its 24-hour trading volume stands at $97.64 million USD, indicating robust market activity and liquidity.
DiamondStorm
Sun Jun 16 2024
The WBTC to USD price is constantly updated in real-time, reflecting the latest market dynamics and investor sentiment.
Carlo
Sat Jun 15 2024
With a circulating supply of 153,235.74 units, Wrapped Bitcoin maintains a scarce and valuable asset status.