Wrapped Bitcoin (WBTC) price today is $ 103 956.98 with a 24-hour trading volume of $ 776.17M, market cap of $ 13.64B and market dominance of 0.3561%. The Wrapped Bitcoin (WBTC) price changed 4.19% in the last 24 hours. Wrapped Bitcoin (WBTC) price in US dollars is changed by 144.09% over the last 1 year. Over the past year, Wrapped Bitcoin (WBTC) has changed by 77.19% against Ethereum and 0.4639% against Bitcoin. Wrapped Bitcoin (WBTC) total volume is now $ 776.17M, 0.02027% of the total cryptocurrency market volume in the last 24 hours.
Table of Contents
Live Wrapped Bitcoin (WBTC) Price Chart & Market Cap
WBTC (Wrapped Bitcoin) price today is a crucial metric for anyone monitoring the cryptocurrency market. The live WBTC (Wrapped Bitcoin) price chart provides real-time updates on its performance, showcasing how WBTC (Wrapped Bitcoin) has surged to its highest price in recent times. Investors should regularly check the WBTC price chart to stay informed about the latest market trends and potential investment opportunities.
Wrapped Bitcoin Price Live Data
| Wrapped Bitcoin Price The price of WBTC is calculated in real-time by aggregating data from multiple exchanges using a global volume-weighted average, reflecting the most accurate market value. $ 103 956.98 | ATH The ATH is the highest price WBTC has reached since its launch, indicating its peak market value. $ 107 645.00 | Circ. Supply Circulating Supply is the total number of WBTC tokens currently available and trading in the market. 131 178.43 |
|
Market Cap
Market Cap = Current Price × Circulating Supply
It represents the total market value of all circulating WBTC tokens, similar to a stock’s market capitalization. $ 13 636 196 543.00 |
ATH Date The ATH Date is the specific day when WBTC achieved its highest market price. 2024-12-17 00:00:00 | Total Supply Total Supply is the total amount of WBTC tokens that exist, including both circulating and non-circulating tokens. 131 178.43 |
| 24H Volume 24H Volume shows the total trading volume of WBTC across all tracked platforms in the last 24 hours. $ 776 166 815.00 | ATL The ATL is the lowest price WBTC has ever reached, showing its minimum market value. $ 3 139.17 | Max Supply Max Supply is the maximum number of WBTC tokens that will ever exist, as defined by its protocol. 131 178.43 |
| Platform WBTC runs on the Wrapped Bitcoin blockchain, indicating its underlying technology. Wrapped Bitcoin | ATL Date The ATL Date marks when WBTC recorded its lowest market price. 2019-04-02 00:00:00 | |
| Release Date The Release Date is when WBTC was officially introduced to the public market. |
| Wrapped Bitcoin Price The price of WBTC is calculated in real-time by aggregating data from multiple exchanges using a global volume-weighted average, reflecting the most accurate market value. $ 103 956.98 |
Market Cap
Market Cap = Current Price × Circulating Supply
It represents the total market value of all circulating WBTC tokens, similar to a stock’s market capitalization. $ 13 636 196 543.00 |
24H Volume 24H Volume shows the total trading volume of WBTC across all tracked platforms in the last 24 hours. $ 776 166 815.00 | Platform WBTC runs on the Wrapped Bitcoin blockchain, indicating its underlying technology. Wrapped Bitcoin | Release Date The Release Date is when WBTC was officially introduced to the public market. | ATH The ATH is the highest price WBTC has reached since its launch, indicating its peak market value. $ 107 645.00 | ATH Date The ATH Date is the specific day when WBTC achieved its highest market price. 2024-12-17 00:00:00 | ATL The ATL is the lowest price WBTC has ever reached, showing its minimum market value. $ 3 139.17 | ATL Date The ATL Date marks when WBTC recorded its lowest market price. 2019-04-02 00:00:00 | Circ. Supply Circulating Supply is the total number of WBTC tokens currently available and trading in the market. 131 178.43 | Total Supply Total Supply is the total amount of WBTC tokens that exist, including both circulating and non-circulating tokens. 131 178.43 | Max Supply Max Supply is the maximum number of WBTC tokens that will ever exist, as defined by its protocol. 131 178.43 |
The Wrapped Bitcoin price live data offers essential information about WBTC’s current value across various platforms. Tracking this data is vital for traders and investors. The price of Wrapped Bitcoin is influenced by market demand, trading volume, and broader economic factors. Real-time updates on the WBTC rate are necessary to evaluate today Wrapped Bitcoin price and adjust investment strategies accordingly.
Global Wrapped Bitcoin (WBTC) Prices
Global WBTC (Wrapped Bitcoin) prices can vary between different exchanges and regions. While the price of WBTC may differ across platforms, understanding these global variations helps investors gauge WBTC’s overall market performance. Analyzing these differences provides valuable insights into WBTC’s market behavior and helps in making informed investment decisions.
How Much Is 1 Wrapped Bitcoin Worth?
The value of 1 WBTC (Wrapped Bitcoin) fluctuates based on market conditions. To determine its current value, investors should refer to live price data from major cryptocurrency exchanges. The price in USD provides a standardized measure for evaluating WBTC’s worth. Monitoring the WBTC rate, along with its historical high and low, helps investors assess its value and make informed decisions about buying or selling.
- WBTC/USD 103 956.98
- WBTC/EUR 101 186.54
- WBTC/GBP 85 449.53
- WBTC/AUD 167 867.67
- WBTC/CNY 761 440.29
- WBTC/INR 8 996 806.14
- WBTC/JPY 16 250 954.43
- WBTC/KRW 151 232 779.53
- WBTC/TRY 3 683 634.03
- WBTC/PLN 431 028.56
- WBTC/BRL 629 902.46
- WBTC/RUB 10 644 015.44
Overview of Wrapped Bitcoin (WBTC)
WBTC (Wrapped Bitcoin) is an ERC-20 token that represents Bitcoin on the Ethereum blockchain. It is designed to combine the stability of Bitcoin with the flexibility of Ethereum's smart contracts. WBTC is backed 1:1 by Bitcoin, allowing users to leverage Bitcoin's value within the Ethereum Ecosystem. This integration facilitates seamless transfers and interactions between the two blockchain networks.
Key Features of WBTC
WBTC offers several key features:
- Bitcoin Integration. WBTC is fully backed by Bitcoin, providing a direct link between Bitcoin and Ethereum.
- Smart Contracts. The token operates on the Ethereum blockchain, enabling the use of smart contracts.
- Liquidity. WBTC enhances liquidity in decentralized finance (DeFi) applications by allowing Bitcoin to be used within the Ethereum network.
Historical Price Data for Wrapped Bitcoin
The historical price of Wrapped Bitcoin provides insights into its market performance over time. Analyzing WBTC's price history helps investors understand its volatility, trends, and market behavior. From its inception to the present, WBTC has experienced significant price changes, reflecting its evolving role in the cryptocurrency market.
Supply of WBTC Explained
The total supply of WBTC is directly tied to the supply of Bitcoin, as each WBTC is backed by an equivalent amount of Bitcoin. This fixed supply mechanism helps regulate WBTC's value and ensures its stability within the market. Understanding the supply dynamics of WBTC is crucial for evaluating its market impact and potential price fluctuations.
Market Cap Insights for Wrapped Bitcoin
The market cap of WBTC is an important metric for assessing its overall value in the cryptocurrency market. It is calculated by multiplying the current WBTC price by the total supply of WBTC tokens. A higher market cap generally indicates a more stable and influential cryptocurrency. Monitoring WBTC's market cap crypto provides insights into its market position and influence.
Understanding Wrapped Bitcoin Value
The value of Wrapped Bitcoin is influenced by various factors, including market demand, trading volume, and Bitcoin's performance. Evaluating these factors helps investors understand WBTC's value and make informed decisions. The value of WBTC is closely tied to the price of Bitcoin, making it a valuable asset for those seeking to leverage Bitcoin's value within the Ethereum ecosystem.
Mining Wrapped Bitcoin: Key Points
Wrapped Bitcoin does not involve traditional mining processes. Instead, WBTC is created through a process known as "wrapping," where Bitcoin is deposited with a custodian and an equivalent amount of WBTC is issued on the Ethereum blockchain. This process ensures that WBTC maintains a 1:1 backing with Bitcoin, allowing for secure and efficient transactions within the Ethereum network.
How to Set Up a Wrapped Bitcoin Wallet
WBTC can be stored in various types of wallets, including:
- Software Wallets. Ideal for everyday transactions and easy access.
- Hardware Wallets. Provide enhanced security for long-term storage and protection against hacks.
- Paper Wallets. Suitable for offline storage, offering high security.
Choosing the appropriate wallet is crucial for securing WBTC assets and ensuring their protection.
Wrapped Bitcoin - FAQ
Wrapped Bitcoin (WBTC) is an ERC-20 token that represents Bitcoin on the Ethereum blockchain. It is fully backed by Bitcoin, allowing users to use Bitcoin's value within Ethereum's ecosystem. WBTC integrates Bitcoin's stability with Ethereum's smart contract capabilities, enabling seamless transfers and interactions.
To buy Wrapped Bitcoin, follow these steps:
- Choose a cryptocurrency exchange that supports WBTC trading.
- Create an account and complete the verification process.
- Deposit funds into your account and purchase WBTC using available trading pairs.
The investment potential of Wrapped Bitcoin depends on various factors, including market conditions, historical performance, and personal investment goals. Analyzing these factors and monitoring current market trends can help determine if WBTC aligns with your investment strategy.
Investors can potentially profit from Wrapped Bitcoin through trading and holding the cryptocurrency. However, it's important to be aware of market risks and volatility. Conducting thorough research and staying informed about market developments can help manage these risks effectively.
Wrapped Bitcoin can be cashed out by:
- Selling it on a cryptocurrency exchange that supports WBTC.
- Converting WBTC into fiat currency or another cryptocurrency through the exchange.
The safety of Wrapped Bitcoin depends on the security measures implemented by the platforms and wallets used for storage and transactions. The WBTC system employs various security protocols to protect user data and transactions. Users should also follow best practices for securing their assets.
The legality of Wrapped Bitcoin varies by jurisdiction. It is important to review local regulations and ensure compliance with legal requirements before engaging in WBTC transactions or investments.
Wrapped Bitcoin is classified as a utility token rather than a security. However, regulatory classifications can vary by region. It's important to stay informed about local regulations and legal interpretations regarding WBTC.
WBTC
Wrapped Bitcoin
$103 956.98
4.19% Last 24h
$103 956.98
4.19% Last 24h