Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3
Wrapped Bitcoin

Wrapped Bitcoin priceWBTC

Quote currency:

Wrapped Bitcoin price calculator

More cryptocurrencies calculator >
1 WBTC = 63,497.73 USD
Last updated 2024-04-25 15:20:18(UTC-0)

Wrapped Bitcoin price live data summary

The live price of Wrapped Bitcoin is $63,497.73 per (WBTC / USD) today with a current market cap of $9.87B USD. The 24-hour trading volume is $224.05M USD. WBTC to USD price is updated in real time. Wrapped Bitcoin is -2.44% in the last 24 hours. It has a circulating supply of 155,383.75 .

What is the highest price of WBTC?

WBTC has an all-time high (ATH) of $73,505.73, recorded on 2024-03-14.

What is the lowest price of WBTC?

WBTC has an all-time low (ATL) of $3,330.12, recorded on 2019-02-06.

Wrapped Bitcoin price performance in USD


Wrapped Bitcoin price history in USD

All-time$3,330.12(2019-02-06, 5 years ago )$73,505.73(2024-03-14, 42 days ago )

Wrapped Bitcoin market information

Market cap
Fully diluted market cap
Volume (24h)
Market rankings
Circulation rate
24h volume / market cap
Circulating supply
155,383.75 WBTC
Total supply / Max supply
155,383.75 WBTC

Wrapped Bitcoin ratings

Average ratings from the community
100 ratings
This content is for informational purposes only.

Wrapped Bitcoin Social Data

In the last 24 hours, the social media sentiment score for Wrapped Bitcoin was 3.2, and the social media sentiment towards Wrapped Bitcoin price trend was Bullish. The overall Wrapped Bitcoin social media score was 151,713, which ranks 459 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,318,607 times, with Wrapped Bitcoin being mentioned with a frequency ratio of 0%, ranking 467 among all cryptocurrencies.

In the last 24 hours, there were a total of 228 unique users discussing Wrapped Bitcoin, with a total of Wrapped Bitcoin mentions of 59. However, compared to the previous 24-hour period, the number of unique users decrease by 20%, and the total number of mentions has decrease by 57%.

On Twitter, there were a total of 6 tweets mentioning Wrapped Bitcoin in the last 24 hours. Among them, 17% are bullish on Wrapped Bitcoin, 0% are bearish on Wrapped Bitcoin, and 83% are neutral on Wrapped Bitcoin.

On Reddit, there were 8 posts mentioning Wrapped Bitcoin in the last 24 hours. Compared to the previous 24-hour period, the number of mentions increase by 14% . Additionally, there were 0 comments mentioning Wrapped Bitcoin. Compared to the previous 24-hour period, the number of mentions decrease by 0%.

Visão geral das redes sociais

Average sentiment(24h)
Social score(24h)
Social contributors(24h)
Social mentions(24h)
Social dominance(24h)
Twitter sentiment(24h)
Reddit score(24h)
Reddit posts(24h)
Reddit comments(24h)

About Wrapped Bitcoin(WBTC)

What Is Wrapped Bitcoin?

Wrapped Bitcoin (WBTC) is a tokenized version of Bitcoin on Ethereum. It represents Bitcoin in a 1:1 ratio, where each WBTC token is backed by an equal amount of Bitcoin held in reserve by custodians. These custodians are reputable entities responsible for safeguarding the underlying Bitcoin and minting new WBTC tokens when users deposit Bitcoin, and more.

The primary purpose of WBTC is to enable Bitcoin holders to access the world of DeFi. Since Ethereum has become more popular in decentralized finance, a significant portion of DeFi applications, protocols, and services are built on its blockchain. By wrapping Bitcoin in an ERC-20 token format, it becomes compatible with the Ethereum network, opening up a multitude of possibilities for the holders.



Official website:

How does Wrapped Bitcoin work?

The process of obtaining Wrapped Bitcoin is relatively straightforward. Users who wish to access DeFi services using their Bitcoin start by depositing their BTC into a designated custodial address. These custodians are reputable and audited entities responsible for holding the Bitcoin reserves in a secure and transparent manner.

Once the Bitcoin is verified and confirmed, an equivalent amount of WBTC is minted and issued to the user's Ethereum address. This WBTC is now fungible and can be seamlessly traded, lent, borrowed, and utilized within various DeFi protocols. It retains its one-to-one peg with the original Bitcoin, which ensures that WBTC holders can always redeem it for the same amount of Bitcoin as the reserve.

The interoperability of WBTC with Ethereum's smart contracts empowers users to access a diverse range of decentralized financial products, including decentralized exchanges, lending platforms, yield farming, and more, while still benefiting from Bitcoin's underlying value and security.

What Determines Wrapped Bitcoin's Price?

The wrapped Bitcoin price (WBTC price today) is influenced by various factors, primarily dictated by its peg to Bitcoin (BTC). WBTC is an ERC-20 token on the Ethereum blockchain, backed one-to-one with Bitcoin. Consequently, the current WBTC price often mirrors its underlying asset, Bitcoin. In other words, the real-time wrapped Bitcoin price and the BTC/USD exchange rate are closely tied. The WBTC/USD exchange rate is highly dependent on the BTC/USD exchange rate. Additionally, the WBTC market cap—a reflection of the total value of all WBTC tokens in circulation—plays a crucial role in determining WBTC price stability.

You can explore the WBTC price history through the Wrapped Bitcoin price chart, which usually shows a strong correlation with Bitcoin's price movements. However, the WBTC trading price isn't solely influenced by the Bitcoin to USD rate. Other factors like liquidity, demand in decentralized finance (DeFi) platforms, and overall market sentiment in the cryptocurrency sphere also play a role. WBTC price analysis often includes considerations like its utility in DeFi lending platforms, derivatives platforms, and decentralized exchanges (DEXs). Live WBTC price updates and WBTC price forecast models are also shaped by the regulatory landscape and any significant crypto market news.

The creation (minting) and destruction (burning) of WBTC tokens are managed by a decentralized autonomous organization (DAO). This organization involves various merchants and custodians, ensuring that WBTC price live updates reflect the actual BTC reserves, thereby adding another layer of trust and stability to the WBTC exchange rate.

So, if you find yourself asking, "How much is wrapped Bitcoin?", the answer usually lies in its peg to Bitcoin, its utility in Ethereum-based DeFi ecosystems, and broader market conditions. Whether you're looking at the WBTC price in EUR, GBP, or any other currency, these key factors will guide you in understanding the price of wrapped Bitcoin.


In conclusion, Wrapped Bitcoin has revolutionized the cryptocurrency landscape by enabling Bitcoin holders to tap into the vast potential of DeFi without relinquishing ownership of their valuable BTC. Its seamless integration with the Ethereum ecosystem has brought new opportunities for both Bitcoin and DeFi enthusiasts, fostering further collaboration between the two worlds.

It's important to note that like any other cryptocurrencies, Wrapped Bitcoin carries its own risks and it's always wise to do your own research and exercise caution while investing.

How to buy Wrapped Bitcoin (WBTC)

Buying Wrapped Bitcoin on Bitget is fast and simple.
You just have to create an account, complete identity verification, deposit funds, and your trading journey is all set!
For more information, refer to How to buy Wrapped Bitcoin (WBTC) .

Trade WBTC perpetual futures

After having successfully signed up on Bitget and purchased USDT or WBTC tokens, you can start trading derivatives, including WBTC futures and margin trading to increase your income.

The current price of WBTC is $63,497.73, with a 24h price change of -2.44%. Traders can profit by either going long or short onWBTC futures.

Join WBTC copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or WBTC tokens, you can also start copy trading by following elite traders.

Wrapped Bitcoin news

See more

BlackRock Revises Spot Bitcoin ETF Proposal Ahead of Rumored SEC Approvals

Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.

Coindesk2023/12/18 21:31#Markets#Bitcoin ETF#BlackRock

Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain

The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.

Coindesk2023/11/16 08:00#Business#Sushi#SushiSwap

Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally

“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”

Coindesk2023/07/25 12:47#Business#Twitter#DOGE

Bitcoin Inscriptions Not a Fading Trend | Crypto Daily Digest Sep. 8

While Bitcoin NFT sales have declined, Ordinals inscriptions continue rising.

TokenInsight2023/09/08 13:49#Bitcoin#NFT
profileImg Gaining Momentum | Crypto Daily Digest Aug. 22

The latest update you need to know about

TokenInsight2023/08/22 15:31#Social#Coinbase

People are also inquiring about the price of Wrapped Bitcoin.

What is the current price of Wrapped Bitcoin?

We update our Wrapped Bitcoin to USD price in real time. Get the live Price of Wrapped Bitcoin on Bitget.

What is the 24 hour trading volume of Wrapped Bitcoin?

Over the last 24 hours, the trading volume of Wrapped Bitcoin is $224.05M.

What is the all-time high of Wrapped Bitcoin?

The all-time high of Wrapped Bitcoin is $73,505.73. This all-time high is highest price for Wrapped Bitcoin since it was launched.

Can I buy Wrapped Bitcoin on Bitget?

Yes, Wrapped Bitcoin is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Wrapped Bitcoin guide.

Can I get a steady income from investing in Wrapped Bitcoin?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Wrapped Bitcoin with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.

How is the value of Wrapped Bitcoin (WBTC) maintained at a 1:1 ratio with Bitcoin (BTC)?

The 1:1 pegging of Wrapped Bitcoin (WBTC) to Bitcoin is achieved through a system of custodians and merchants. When someone wants to mint WBTC, they deposit BTC with a custodian. In return, the custodian issues the equivalent amount of WBTC to the user. When someone wishes to redeem their WBTC for BTC, the process is reversed: the WBTC is burned or removed from circulation, and the custodian releases the equivalent amount of BTC. Periodic audits ensure that the amount of BTC held by custodians matches the circulating supply of WBTC.

Why would someone use Wrapped Bitcoin (WBTC) instead of Bitcoin (BTC)?

The primary reason to use Wrapped Bitcoin (WBTC) over BTC is to leverage Bitcoin's value in the Ethereum ecosystem. WBTC allows Bitcoin holders to participate in Ethereum-based decentralized applications, particularly DeFi platforms. This can provide access to lending, borrowing, yield farming, liquidity mining, and other financial services that aren't natively available on the Bitcoin blockchain. Essentially, WBTC bridges the gap between the two largest cryptocurrency networks.

Why is the price of Wrapped Bitcoin (WBTC) similar to that of Bitcoin (BTC)?

Wrapped Bitcoin (WBTC)'s price closely tracks BTC's because of its 1:1 peg. For every WBTC in circulation, there's an equivalent amount of BTC held by custodians. This ensures WBTC's value should, theoretically, align with BTC's. However, minor price fluctuations may arise due to factors like market demand, liquidity, or decentralized exchange rates, though these differences are typically short-lived.

What happens to the value of Wrapped Bitcoin (WBTC) if the price of Bitcoin crashes?

Since Wrapped Bitcoin (WBTC) is pegged to Bitcoin on a 1:1 basis, a significant change in the price of Bitcoin will similarly impact the value of WBTC. If Bitcoin's price were to decrease dramatically, WBTC's price would follow suit. It's essential for investors and users to remember that holding WBTC exposes them to the same market risks as holding BTC.

Can I mine Wrapped Bitcoin (WBTC)?

Unlike Bitcoin or other proof-of-work cryptocurrencies, Wrapped Bitcoin (WBTC) cannot be mined. As an ERC-20 token on Ethereum's network, WBTC's supply corresponds to the BTC amount deposited with custodians. Instead of mining, Bitcoin can be "locked up" to mint WBTC and "burned" to redeem BTC. While one can mine Bitcoin and subsequently convert it to WBTC, WBTC itself is not directly mineable.

Is Wrapped Bitcoin (WBTC) safe?

While Wrapped Bitcoin (WBTC) has mechanisms to ensure a 1:1 peg with Bitcoin and undergoes periodic audits, there are some risks involved. Centralization risk arises because custodians hold the actual BTC backing WBTC. Additionally, as with any smart contract-based system, there's a risk of potential bugs or vulnerabilities in the WBTC contract. As always, potential users should conduct thorough research and perhaps consult with financial professionals before making decisions.
Cryptocurrency investments, including buying Wrapped Bitcoin online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Wrapped Bitcoin, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Wrapped Bitcoin purchase. This page and any information included are not an endorsement of any particular cryptocurrency.



WBTC is available for trading on the Bitget Exchange, and can be held in custody on Bitget Wallet. Bitget Exchange is also one of the first CEX platforms to support WBTC trades.
You can trade WBTC on Bitget.






USDT-M Futures


Coin-M Futures

Copy trading

Total profit $1,491,223.30
Total profit $41,285.71
Wrapped BitcoinWrapped BitcoinWrapped BitcoinWrapped Bitcoin

Related assets

People also view
People who viewed WBTC also show interest in the following cryptocurrencies.
Trending assets
Assets with the biggest change in unique page views on over the past 24 hours
Popular cryptocurrencies
A selection of the top 12 cryptocurrencies by market cap.
Comparable market cap
Among all Bitget assets, these 12 are the closest to Wrapped Bitcoin in market cap.