Wrapped Bitcoin (WBTC) traded 2.6% higher against the U.S. dollar during the 1-day period ending at 7:00 AM E.T. on July 14th. Wrapped Bitcoin has a market cap of $9.21 billion and approximately $161.60 million worth of Wrapped Bitcoin was traded on exchanges in the last day. One Wrapped Bitcoin token can currently be bought for about $60,095.31 or 0.99985543 BTC on major cryptocurrency exchanges. Over the last seven days, Wrapped Bitcoin has traded up 4.5% against the U.S. dollar.

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

• KILT Protocol (KILT) traded up 0.4% against the dollar and now trades at $0.19 or 0.00000312 BTC.


• 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 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.


• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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.


• Lumi Credits (LUMI) traded 0.1% lower against the dollar and now trades at $0.0130 or 0.00000022 BTC.


• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Wrapped Bitcoin Overview

Wrapped Bitcoin’s genesis date was November 27th, 2018. Wrapped Bitcoin’s total supply is 153,282 tokens. Wrapped Bitcoin’s official website is wbtc.network. Wrapped Bitcoin’s official Twitter account is @wrappedbtc and its Facebook page is accessible here.

According to CryptoCompare, “Wrapped Bitcoin (WBTC) is an ERC-20 token representing Bitcoin on Ethereum. It enhances liquidity and enables Bitcoin’s use in DeFi. Managed by the WBTC DAO, it integrates with wallets, dapps, and smart contracts. WBTC is utilized for lending, borrowing, swapping, yield farming, and liquidity pools in Aave, Balancer, Compound, Kyber Network, MakerDAO, and Uniswap. WBTC was collaboratively launched in January 2019 by BitGo, Ren, Dharma, Kyber, Compound, MakerDAO, and Set Protocol. Merchants and custodians facilitate token minting and burning, with custodians storing BTC and performing transactions on Ethereum.”

Trading Wrapped Bitcoin

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

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Summary of Article:
Wrapped Bitcoin (WBTC) saw a 2.6% increase against the U.S. dollar over a 24-hour period ending at 7:00 AM ET on July 14th. With a market cap of $9.21 billion, approximately $161.60 million worth of WBTC was traded on exchanges in the last day. Each token is valued at around $60,095.31 or 0.99985543 BTC. Over the past week, WBTC has gained 4.5% against the U.S. dollar.
Performance of other cryptocurrencies in the last day includes:

• KILT Protocol up 0.4%
  
• Aidi Finance (BSC) down 2.2%
  
• Zoo Token down 2.2%
  
• CareCoin down 2.2%
  
• Kitty Inu up 1.9%
  
• Hokkaidu Inu up 1.2%
  
• Jeff in Space down 2.2%
  
• Lumi Credits down 0.1%
  
• AXIA Coin down 0.1%
  Wrapped Bitcoin, launched on November 27, 2018, is an ERC-20 token that represents Bitcoin on the Ethereum network, enhancing liquidity and enabling Bitcoin’s use in decentralized finance (DeFi). Managed by WBTC DAO, it integrates with numerous wallets, decentralized applications (dApps), and smart contracts, and is used for lending, borrowing, swapping, yield farming, and liquidity pools across various platforms.
  Investors typically cannot buy WBTC directly with U.S. dollars and must first purchase Ethereum or Bitcoin through exchanges like Gemini, Changelly, or Coinbase, before trading for WBTC.
  For regular updates on Wrapped Bitcoin and related cryptocurrencies, MarketBeat.com offers a free CryptoBeat newsletter.