+

Total Market Cap: $2.340T

24h Volume: $31.190B

BTC Dominance: 68.71%

Global Market Sentiment: 29

Average Market Correlation: 0.51

The Average Correlation of all crypto pairs. An Average Market Correlation close to 1 indicates that all crypto pairs are moving in the same direction. Such a situation can be observed during a significant market crash.
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Beta

Wrapped Bitcoin

WBTC
Rank #10
$81,874.38

-1.30%

Low:
$78,520.96
High:
$82,178.12
(24h)
Volume 24h
$21,257,417
-39.02%
Circulating Supply
128,915 WBTC
Total Supply
ISSUE TO SOLVE
Max Supply
146,072 WBTC
Market Cap
$10,456,719,620
Fully Diluted Market Cap
$11,959,589,677
Indicators
Volatility
Annualized Volatility of the Daily Returns, over the last month.
42.08%
Market Correlation
Correlation Coefficient between crypto Daily Returns and the Total Crypto Markets Daily returns, over the last month.
0.61
Beta
The Beta coefficient is a measure of a crypto volatility and direction in comparison to the volatility and direction of the overall market. A positive Beta greater than 1 indicates that the crypto is more volatile than the market, while a beta less than 1 means it is less volatile.
0.360
Market Dominance
0.45%
ATL/ATH
$10,326.80/$105,733.76
Relative Strength Index
The Relative Strength Index (RSI) is an indicator that measures the rate of price changes by comparing the extent of recent gains to recent losses. It scales from 0 to 100 and is used to determine potential turning points in price behavior. A reading above 70 indicates that an asset may be due for a decrease in price, while a reading below 30 suggests a potential increase in price. The RSI calculated here is based on Daily returns over the last month.
42
Information for Wrapped Bitcoin
Last News related to Wrapped Bitcoin
What is Wrapped Bitcoin ?

Overview

Cosmos (ATOM) is a decentralized network of independent blockchains designed to create an ecosystem of interconnected services and applications. Launched in 2019 by the Interchain Foundation, Cosmos aims to solve issues of scalability, interoperability, and usability in blockchain technology. Its core feature, the Cosmos Hub, uses the Tendermint consensus algorithm to enable secure and fast transactions between different blockchains within the network.

Utility

The native token, ATOM, is used for staking, transaction fees, and governance within the Cosmos network. Validators stake ATOM to secure the network and validate transactions, earning rewards in return. ATOM holders can also participate in governance by voting on proposals that affect the network's development and policies, ensuring a decentralized decision-making process.

Security

Cosmos employs the Tendermint consensus algorithm, a Byzantine Fault Tolerant (BFT) protocol that ensures high security, fast finality, and low energy consumption. Validators are required to stake ATOM tokens, aligning their incentives with the network's security. Tendermint's robust design and the Cosmos Hub's interchain security model provide a high level of protection against attacks and ensure the integrity of the interconnected blockchains.

Supply data provided by CoinGecko API
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