Coinbase Wrapped BTC (CBBTC) Reaches Self Reported Market Capitalization of $5.73 Billion

Coinbase Wrapped BTC (CBBTC) traded up 5.6% against the U.S. dollar during the twenty-four hour period ending at 12:00 PM ET on February 25th. One Coinbase Wrapped BTC token can currently be purchased for about $67,483.75 or 0.99825872 BTC on major cryptocurrency exchanges. Coinbase Wrapped BTC has a market cap of $5.73 billion and approximately $360.91 million worth of Coinbase Wrapped BTC was traded on exchanges in the last 24 hours. During the last week, Coinbase Wrapped BTC has traded up 0.1% against the U.S. dollar.

Here is how other 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 down 2.2% 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 5.2% against the dollar and now trades at $66,829.86 or 0.98858601 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2% higher against the dollar and now trades at $64,920.62 or 0.99826276 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Coinbase Wrapped BTC Token Profile

Coinbase Wrapped BTC launched on September 11th, 2024. Coinbase Wrapped BTC’s total supply is 84,932 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 84,800.24170352. The last known price of Coinbase Wrapped BTC is 64,997.60562432 USD and is up 2.92 over the last 24 hours. It is currently trading on 357 active market(s) with $320,242,054.22 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 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 Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Coinbase Wrapped BTC using one of the exchanges listed above.

CBBTC/USD price chart by TradingView