BitcoinWarrior

News and Education

Wrapped Bitcoin Down More Than 4% Within 24 hours

Published by
Benzinga

Over the past 24 hours, Wrapped Bitcoin’s (CRYPTO: WBTC) price has fallen 4.46% to $40,860.00. This continues its negative trend over the past week where it has experienced a 9.0% loss, moving from $45,580.23 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…

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