Declining But Dominant: WBTC Maintains Market Lead Over BTCB, RBTC, LBTC, and Other Derivatives

by CryptoExpert

June 2, 2024

in Altcoin News

Declining But Dominant: WBTC Maintains Market Lead Over BTCB, RBTC, LBTC, and Other Derivatives

The Wrapped Bitcoin (WBTC) protocol, initiated by Bitgo in 2019, holds the title of the largest BTC derivative project by market capitalization, and to date, no other project has exceeded its scale. Nonetheless, the past few years have seen a significant decline in the number of wrapped bitcoins in circulation, with more than 32% of […]

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XRP Demand Falls 91.5% As Traders Eye $0.63 Support

Hyperliquid price slides 11%: What’s behind the sell-off and what comes next

Japan’s SBI Bank Expands Crypto Push With Rewards Program

Tags: Bitcoin

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