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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

$2,689.86

+0.69%

$2,689.86

+0.69%

(24s)

24h Volume

$10,847,642,024.05

24h H/L

$2,743.00 / $2,668.84

Change: $74.16 (2.78%)

Long/Short

60.3%

Long: 60.3%Short: 39.7%

Funding Rate

+0.0013%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,690.81

▼ -0.03%

Volume (24h): -

Resistance Levels

Resistance 3$3,143.74

Resistance 2$2,778.89

Resistance 1$2,700.65

Price$2,690.81

Support 1$2,681.00

Support 2$2,314.75

Support 3$2,159.67

Pivot (PP):$2,700.65

Trend:Uptrend

RSI (14):63.5

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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