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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

$2,458.08
-2.48%
24h Volume

$9,851,443,430.97

24h H/L

$2,532.21 / $2,431.61

Change: $100.60 (4.14%)

Long/Short
60.1%
Long: 60.1%Short: 39.9%
Funding Rate

+0.0028%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,458.24

0.10%

Volume (24h): -

Resistance Levels
Resistance 3$2,855.08
Resistance 2$2,593.80
Resistance 1$2,516.30
Price$2,458.24
Support 1$2,445.59
Support 2$2,316.57
Support 3$2,190.00
Pivot (PP):$2,478.04
Trend:Uptrend
RSI (14):62.8
CS
CoinDesk Staff
(10:14 AM UTC)
1 min read
SC
Verified bySarah Chen

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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