Current WBTC Price Overview
Wrapped Bitcoin (WBTC) is trading at $108,868.5**, with a market capitalization of **$14.05 billion and a circulating supply of 129.02K tokens. Over the past 24 hours, WBTC has experienced a slight decline of -0.70%, though it remains up +1.81% for the week.
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Key WBTC Statistics
- 52-Week Average Volume: $853.71M
- All-Time High (ATH): $111,716.7
- 24-Hour Range: $108.55K – $110.41K
- Weekly Range: $105.17K – $110.41K
- 52-Week Range: $49,648.79 – $111.72K
WBTC Basic Information
- Blockchain: Ethereum (with cross-chain availability on TomoChain, Fantom, Polygon, and Avalanche)
- Age: 6 years, 5 months
- Explorer: Etherscan
- Twitter: Active community discussions
- Github: Open-source development
Top Exchanges for WBTC Trading
WBTC is available across 143 trading pairs on 10 exchanges. Leading platforms include:
- Binance ($26.73M 24H volume)
- MXC ($7.61M 24H volume)
WBTC Price History: 2025 Highlights
- Highest Price (May 2025): $111,716.7
- Lowest Price (August 2024): $49,648.79
Technical Indicators (Daily)
The WBTC chart suggests a neutral market sentiment based on:
- 14-Day RSI: 48.30
- STOCH(9,6): 39.23
| Indicator | Value | Signal |
|---|---|---|
| RSI(14) | 48.30 | Neutral |
| STOCHRSI(14) | 26.84 | Sell |
| MACD(12,26) | 405.50 | Neutral |
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FAQs About Wrapped Bitcoin (WBTC)
1. What is WBTC used for?
WBTC bridges Bitcoin and Ethereum, enabling BTC holders to participate in DeFi protocols, smart contracts, and faster cross-exchange transfers.
2. How is WBTC backed?
Each WBTC token is 1:1 collateralized by real BTC, with on-chain proof of reserves verified by custodians.
3. Which chains support WBTC?
Originally an ERC-20 token, WBTC is now multichain-compatible (e.g., Polygon, Avalanche).
4. Is WBTC’s price identical to Bitcoin?
While WBTC mirrors BTC’s value, minor price differences may occur due to market demand and liquidity.
About Wrapped Bitcoin
WBTC standardizes Bitcoin as an ERC-20 token, merging Bitcoin’s stability with Ethereum’s dApp ecosystem. Its transparent reserves and partnerships enhance trust for decentralized finance (DeFi) applications.
Further Reading
- WBTC’s role in DeFi yield farming
- Comparative analysis: WBTC vs. RenBTC
- How to mint/redeem WBTC