Coinbase Wrapped BTC Reaches Self Reported Market Capitalization of $943.45 Million (CBBTC)

by · The Markets Daily

Coinbase Wrapped BTC (CBBTC) traded 3.1% higher against the U.S. dollar during the twenty-four hour period ending at 16:00 PM ET on November 5th. During the last seven days, Coinbase Wrapped BTC has traded 3.5% lower against the U.S. dollar. Coinbase Wrapped BTC has a market capitalization of $943.45 million and approximately $123.72 million worth of Coinbase Wrapped BTC was traded on exchanges in the last 24 hours. One Coinbase Wrapped BTC token can currently be bought for $69,687.22 or 1.00144920 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed during the last 24 hours:

  • Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • SolvBTC (SOLVBTC) traded up 2.6% against the dollar and now trades at $69,350.29 or 0.99660735 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded 2.3% higher against the dollar and now trades at $69,257.71 or 0.99527689 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Coinbase Wrapped BTC Profile

Coinbase Wrapped BTC was first traded on September 11th, 2024. Coinbase Wrapped BTC’s total supply is 13,538 tokens. The official website for Coinbase Wrapped BTC is coinbase.com/campaigns/cbbtc. Coinbase Wrapped BTC’s official Twitter account is @coinbase.

According to CryptoCompare, “Coinbase Wrapped BTC (CBBTC) is a cryptocurrency launched in 2024and operates on the Ethereum platform. Coinbase Wrapped BTC has a current supply of 13,545.65932343. The last known price of Coinbase Wrapped BTC is 68,609.57522897 USD and is down -0.50 over the last 24 hours. It is currently trading on 53 active market(s) with $111,169,965.87 traded over the last 24 hours. More information can be found at https://coinbase.com/campaigns/cbbtc.”

Buying and Selling Coinbase Wrapped BTC

It is usually not presently possible to purchase alternative cryptocurrencies such as Coinbase Wrapped BTC directly using US dollars. Investors seeking to acquire Coinbase Wrapped BTC should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Coinbase Wrapped BTC using one of the aforementioned exchanges.

CBBTC/USD price chart by TradingView