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Wrapped Bitcoin price

Wrapped Bitcoin PriceWBTC

Listed
Buy
$118,057.61USD
-0.91%1D
The Wrapped Bitcoin (WBTC) price in is $118,057.61 USD as of 16:43 (UTC) today.
Price Chart
Wrapped Bitcoin price USD live chart (WBTC/USD)
Last updated as of 2025-07-28 16:43:39(UTC+0)

Live Wrapped Bitcoin Price Today in USD

The live Wrapped Bitcoin price today is $118,057.61 USD, with a current market cap of $15.00B. The Wrapped Bitcoin price is down by 0.91% in the last 24 hours, and the 24-hour trading volume is $257.51M. The WBTC/USD (Wrapped Bitcoin to USD) conversion rate is updated in real time.
How much is 1 Wrapped Bitcoin worth in ?
As of now, the Wrapped Bitcoin (WBTC) price in is valued at $118,057.61 USD. You can buy 1WBTC for $118,057.61 now, you can buy 0.{4}8470 WBTC for $10 now. In the last 24 hours, the highest WBTC to USD price is $119,632.2 USD, and the lowest WBTC to USD price is $117,888.24 USD.

Do you think the price of Wrapped Bitcoin will rise or fall today?

Total votes:
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Voting data updates every 24 hours. It reflects community predictions on Wrapped Bitcoin's price trend and should not be considered investment advice.

Wrapped Bitcoin Market Info

Price performance (24H)
24H
24H low $117,888.2424H high $119,632.2
All-time high:
$122,452.69
Price change (24H):
-0.91%
Price change (7D):
+0.13%
Price change (1Y):
+74.36%
Market ranking:
#9256
Market cap:
$14,995,470,016.39
Fully diluted market cap:
$14,995,470,016.39
Volume (24h):
$257,511,888.27
Circulating supply:
127.02K WBTC
Max supply:
--

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.

Resources

Whitepaper: https://www.wbtc.network/assets/wrapped-tokens-whitepaper.pdf

Official website: https://wbtc.network

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.

Conclusion

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.

AI analysis report on Wrapped Bitcoin

Today's crypto market highlightsView report

Wrapped Bitcoin Price History (USD)

The price of Wrapped Bitcoin is +74.36% over the last year. The highest price of WBTC in USD in the last year was $122,452.69 and the lowest price of WBTC in USD in the last year was $49,766.32.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-0.91%$117,888.24$119,632.2
7d+0.13%$115,047.33$120,048.21
30d+10.06%$105,291.84$122,452.69
90d+24.11%$93,190.66$122,452.69
1y+74.36%$49,766.32$122,452.69
All-time+3280.26%$3,330.12(2019-02-06, 6 years ago )$122,452.69(2025-07-14, 15 days ago )
Wrapped Bitcoin price historical data (all time).

What is the highest price of Wrapped Bitcoin?

The WBTC all-time high (ATH) USD was $122,452.69 , recorded on 2025-07-14. Compared to the Wrapped Bitcoin ATH, the Wrapped Bitcoin current price is down by 3.59%.

What is the lowest price of Wrapped Bitcoin?

The WBTC all-time low (ATL) USD was $3,330.12 , recorded on 2019-02-06. Compared to the Wrapped Bitcoin ATL, the Wrapped Bitcoin current price is up by 3445.15%.

Wrapped Bitcoin Price Prediction

When is a good time to buy WBTC? Should I buy or sell WBTC now?

When deciding whether to buy or sell WBTC, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget WBTC technical analysis can provide you with a reference for trading.
According to the WBTC 4h technical analysis, the trading signal is Neutral.
According to the WBTC 1d technical analysis, the trading signal is Buy.
According to the WBTC 1w technical analysis, the trading signal is Strong buy.

What will the price of WBTC be in 2026?

Based on WBTC's historical price performance prediction model, the price of WBTC is projected to reach $129,963.75 in 2026.

What will the price of WBTC be in 2031?

In 2031, the WBTC price is expected to change by +13.00%. By the end of 2031, the WBTC price is projected to reach $260,559.56, with a cumulative ROI of +118.46%.

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FAQ

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.

What is the current price of Wrapped Bitcoin?

The live price of Wrapped Bitcoin is $118,057.61 per (WBTC/USD) with a current market cap of $14,995,470,016.39 USD. Wrapped Bitcoin's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Wrapped Bitcoin's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Wrapped Bitcoin?

Over the last 24 hours, the trading volume of Wrapped Bitcoin is $257.51M.

What is the all-time high of Wrapped Bitcoin?

The all-time high of Wrapped Bitcoin is $122,452.69. 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?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Wrapped Bitcoin (WBTC)?

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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. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

WBTC/USD price calculator

WBTC
USD
1 WBTC = 118,057.61 USD. The current price of converting 1 Wrapped Bitcoin (WBTC) to USD is 118,057.61. Rate is for reference only. Updated just now.
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WBTC resources

Wrapped Bitcoin ratings
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100 ratings

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