Coinbase Wrapped BTC (CBBTC) Hits Self Reported Market Cap of $2.24 Billion

by · The Markets Daily

Coinbase Wrapped BTC (CBBTC) traded down 3% against the U.S. dollar during the 1-day period ending at 9:00 AM E.T. on January 21st. Coinbase Wrapped BTC has a market cap of $2.24 billion and $299.04 million worth of Coinbase Wrapped BTC was traded on exchanges in the last day. Over the last seven days, Coinbase Wrapped BTC has traded up 8.4% against the U.S. dollar. One Coinbase Wrapped BTC token can currently be bought for approximately $104,460.69 or 1.00065067 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed over the last day:

  • 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • SolvBTC (SOLVBTC) traded down 2.9% against the dollar and now trades at $104,163.59 or 0.99780466 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded 3.1% lower against the dollar and now trades at $103,823.73 or 0.99454905 BTC.
  • Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Coinbase Wrapped BTC

Coinbase Wrapped BTC launched on September 11th, 2024. Coinbase Wrapped BTC’s total supply is 21,479 tokens. Coinbase Wrapped BTC’s official website 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 21,481.62843317. The last known price of Coinbase Wrapped BTC is 101,594.4445094 USD and is down -0.46 over the last 24 hours. It is currently trading on 95 active market(s) with $346,434,508.54 traded over the last 24 hours. More information can be found at https://coinbase.com/campaigns/cbbtc.”

Coinbase Wrapped BTC Token Trading

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

CBBTC/USD price chart by TradingView