Price
$97,157.78
24h% change
0.1%
Volume (24h)
$372.483M
Market Cap
$13.017B
Wrapped Bitcoin (WBTC) functions as an ERC-20 token operating on the Ethereum blockchain, serving as a representation of Bitcoin. Each WBTC token is backed at a 1:1 ratio with Bitcoin. This integration enables expedited transfers of Bitcoin within the Ethereum blockchain, expanding the potential for BTC to be utilized within the Ethereum ecosystem. The custody of Bitcoin is managed by the centralized custodian, BitGo. Converting Bitcoin to Wrapped Bitcoin and vice versa is a seamless process.
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Wrapped BTC’s historic highest price is $107,645.00, which was recorded on 17th of December 2024. Currently, Wrapped BTC’s price is %9.7 Lower than its historic high.
Wrapped BTC’s historic lowest price is $3,139.17, which was recorded on 2nd of April 2019. Currently, Wrapped BTC’s price is %2997.7 Higher than its historic low.
Let's take a look at the important factors that impact Wrapped BTC's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.