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Wrapped Bitcoin (WBTC) Rises 0.18%, Underperforms the Crypto Market Thursday

diffrint by diffrint
January 5, 2023
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Wrapped Bitcoin (WBTC) Rises 0.18%, Underperforms the Crypto Market Thursday
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Wrapped Bitcoin (WBTC) has been comparatively much less unstable than the crypto market in line with a latest evaluation of the market. To this point Thursday, the Wrapped Tokens has superior 0.18% to $16829.16.

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volatility - 9
InvestorsObserver is giving Wrapped Bitcoin a 9 Volatility Rank. Discover out what this implies to you and get the remainder of the rankings on Wrapped Bitcoin!

Low Volatility

InvestorsObserver offers Wrapped Bitcoin a low volatility rank of 9, putting it within the backside 9% of cryptos available on the market.

The Volatility Gauge follows this makes its rating outlined by latest tendencies, quite than a nasty day.

WBTC’s low volatility studying comes with a low studying on the Threat/Reward Gauge, that means that the token has comparatively slim value swings and is properly protected against value manipulation.

Wrapped Bitcoin value is in a good place going ahead. With help round $16645.4 and resistance round $16936.88. This leaves Wrapped Bitcoin with room to run earlier than going through promoting pressures.

What’s a Token?

Tokens are digital property that exist on one other cryptocurrency’s blockchain.

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