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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

$1,783.51

+1.27%

$1,783.51

+1.27%

(24s)

24h Volume

$6,963,645,154.11

24h H/L

$1,808.00 / $1,748.79

Change: $59.21 (3.39%)

Long/Short

63.7%

Long: 63.7%Short: 36.3%

Funding Rate

+0.0033%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,783.26

▼ -0.13%

Volume (24h): -

Resistance Levels

Resistance 3$1,982.63

Resistance 2$1,869.77

Resistance 1$1,783.59

Price$1,783.26

Support 1$1,748.09

Support 2$1,678.93

Support 3$1,615.03

Pivot (PP):$1,785.54

Trend:Downtrend

RSI (14):57.2

CoinDesk Staff

(10:14 AM UTC)

1 min read

Verified bySarah Chen

1420 views

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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CoinDesk Staff · CoinDesk

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