Coinbase Wrapped BTC Trading 19.8% Lower This Week (CBBTC)
by Mitch Edgeman · The Markets DailyCoinbase Wrapped BTC (CBBTC) traded down 7.2% against the US dollar during the 1 day period ending at 13:00 PM Eastern on February 5th. One Coinbase Wrapped BTC token can now be bought for approximately $70,493.34 or 1.00118724 BTC on major exchanges. During the last seven days, Coinbase Wrapped BTC has traded down 19.8% against the US dollar. Coinbase Wrapped BTC has a total market capitalization of $5.62 billion and approximately $754.32 million worth of Coinbase Wrapped BTC was traded on exchanges in the last day.
Here’s how related cryptocurrencies have performed during the last day:
- Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
- Zoo Token (ZOOT) traded down 2.2% 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 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 down 7% against the dollar and now trades at $70,917.53 or 1.00721187 BTC.
- AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
About Coinbase Wrapped BTC
Coinbase Wrapped BTC’s launch date was September 11th, 2024. Coinbase Wrapped BTC’s total supply is 79,725 tokens. Coinbase Wrapped BTC’s official Twitter account is @coinbase. Coinbase Wrapped BTC’s official website is coinbase.com/campaigns/cbbtc.
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 79,844.95394448. The last known price of Coinbase Wrapped BTC is 70,643.78701401 USD and is down -7.52 over the last 24 hours. It is currently trading on 341 active market(s) with $694,347,914.44 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 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 GDAX, Coinbase or Changelly. 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