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via CoinDesk · By CoinDesk Staff

Circle (CRCL) debuts cirBTC on Ethereum to challenge Coinbase (COIN) in the wrapped bitcoin market

ETH

ETH/USDT

$1,880.67

+0.03%

$1,880.67

+0.03%

(24s)

24h Volume

$1,775,890,786.96

24h H/L

$1,886.58 / $1,876.01

Change: $10.57 (0.56%)

Long/Short

66.8%

Long: 66.8%Short: 33.2%

Funding Rate

+0.0046%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,879.99

▼ -0.14%

Volume (24h): -

Resistance Levels

Resistance 3$2,047.57

Resistance 2$1,932.92

Resistance 1$1,886.50

Price$1,879.99

Support 1$1,878.64

Support 2$1,838.57

Support 3$1,792.11

Pivot (PP):$1,881.75

Trend:Sideways

RSI (14):50.5

CoinDesk Staff

(10:14 AM UTC)

1 min read

Verified bySarah Chen

0 comments

Circle unveiled cirBTC, a token backed 1:1 by the world's largest cryptocurrency, to allow traders to use their bitcoin wealth in DeFi protocols.

Circle Internet's (CRCL) wrapped version of bitcoin BTC$63,271.85, cirBTC, is live on Ethereum as the company best known for its dollar-pegged stablecoin takes on Coinbase (COIN) for dominance of the synthetic BTC market.

The New York-based firm said it…

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CoinDesk Staff · CoinDesk

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