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    Ad

    Wrapped Bitcoin

    WBTC
    $54,147.27
    -0.97%
    View all assets
    Price
    TradingView
    1h
    4h
    1d
    1w
    1m
    3m
    1y
    $53,812.8624H Price$54,843.79
    24 Hour High
    $54,843.79
    -1.27%
    24 Hour Low
    $53,812.86
    0.62%
    Market Cap
    $8.30B
    Fully Diluted Valuation
    $8.30B
    24 Hour Trading Volume
    $190.82M
    Circulating Supply
    153,372.26
    Total Supply
    153,372.26
    Max Supply
    153,372.26
    Industry
    Sector

    About Wrapped Bitcoin

    The price of Wrapped Bitcoin (WBTC) is $54,147.27 today, as of Sep 08 03:33 p.m., with a 24-hour trading volume of $190.82M. Over the last 24 hours, the price has decreased by -0.97%. Wrapped Bitcoin currently has a circulating supply of 153,372.26 and a market cap of $8.30B.

    Wrapped bitcoin (WBTC) is a token that represents bitcoin on the Ethereum network. WBTC provides a way of using bitcoin in smart contracts and makes the world’s largest cryptocurrency more accessible on decentralized exchanges (DEX). The wrapped bitcoin price tracks that of bitcoin because the two are locked in a 1:1 ratio. In essence, the protocol allows bitcoin holders to exchange their bitcoin for an equivalent number of WBTC tokens, which can be put to work on Ethereum and used to access decentralized finance (DeFi) platforms.

    Because of the 1:1 mapping with bitcoin, the WBTC price tends to track that of the larger cryptocurrency. It touched an all-time low of $3,139.17 on April 2, 2019 before climbing to a record-high price of $66,109.97 on Oct. 20, 2021, the same day as bitcoin.

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