The current price of Wrapped Bitcoin (WBTC) is $108,717.00**, reflecting a 3.29% increase over the past 30 days. The 24-hour trading volume stands at **$206.99 million, showcasing active market participation.
Key WBTC Metrics
1-Year Price Range:
- High: $111,685.00
- Low: $49,586.00
- Hypothetical Investment: A $10 weekly investment over the last 12 months would yield **$703.12** (35.22% ROI).
24-Hour Performance:
- Price decreased by 1.00%.
- Traded between $108,589.00** and **$110,252.00.
Market Data:
- Circulating supply: 128,851 WBTC.
- Market capitalization: $14.01 billion (Rank #12).
👉 Track real-time WBTC price movements
Recent WBTC Developments
- Kraken introduced kBTC, a wrapped Bitcoin product, on Ethereum and OP Mainnet (9 months ago).
FAQs About Wrapped Bitcoin (WBTC)
1. What is Wrapped Bitcoin (WBTC)?
WBTC is an ERC-20 token pegged 1:1 to Bitcoin, enabling BTC’s use in Ethereum’s DeFi ecosystem.
2. How does WBTC maintain its peg to Bitcoin?
It’s backed by custodial reserves, with regular audits ensuring transparency.
3. What are the risks of investing in WBTC?
Like all cryptocurrencies, WBTC is volatile. Regulatory changes and smart contract risks may also apply.
4. Where can I buy WBTC?
Major exchanges like 👉 OKX offer WBTC trading pairs.
Important Disclaimer
This content is for informational purposes only. Cryptocurrency investments carry risks, including potential loss of capital. Always conduct independent research and consult a financial advisor before investing.
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