Bitcoin buyers wary of July sub-$58K floor amid onchain data ‘anomaly’
Bitcoin HODL waves data revealed an unusually muted reaction to Bitcoin’s drop below $58,000, raising questions over its status as a bear-market floor.
The trading volume of Coinbase Wrapped BTC (CBBTC) is $72,120,172.00 in the last 24 hours, with stable market activity.
Coinbase Wrapped BTC (CBBTC) reached an all-time high of $125,954.00 on Oct 06, 2025 and an all-time low of $57,439.00 on Sep 12, 2024 . It's now trading 27.81% below that peak and 58.29% above its lowest price.
Market capitalization of Coinbase Wrapped BTC (CBBTC) is $6,926,969,197 and is ranked #26 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of CBBTC tokens (76,213 tokens are tradable on the market today).
The fully diluted valuation (FDV) of Coinbase Wrapped BTC (CBBTC) is $6,929,285,960. This is a statistical representation of the maximum market cap, assuming the maximum number of 76,213 CBBTC tokens are in circulation today. Depending on how the emission schedule of CBBTC tokens are designed, it might take multiple years before FDV is realized.
With a price decrease of 0.24% in the last 7 days, Coinbase Wrapped BTC (CBBTC) is underperforming the global cryptocurrency market which is up 5.1%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 4.1%.
Adding Coinbase Wrapped BTC (CBBTC) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more.
To add them, you'll need to import CBBTC as a token. You can copy CBBTC's contract address
(0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf) and import it manually, or add CBBTC to MetaMask with one click.
The circulating supply of Coinbase Wrapped BTC (CBBTC) is 76,213 CBBTC tokens, which represents 100.00% of the total supply of 76,213 tokens.
You can buy Coinbase Wrapped BTC (CBBTC) on various cryptocurrency exchanges. The most popular exchanges for trading CBBTC are typically centralized exchanges (CEX) like Binance, Coinbase, and Kraken, as well as decentralized exchanges (DEX) on the Ethereum network. Always ensure you're using a reputable exchange and enable two-factor authentication for security.
News
Bitcoin HODL waves data revealed an unusually muted reaction to Bitcoin’s drop below $58,000, raising questions over its status as a bear-market floor.
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