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Wrapped Bitcoin Price

Wrapped Bitcoin Price (WBTC)

Contract Address: 0x2260...c2c599
$75,539.12-6.04% in the past 24 hrs
Page last updated: 06/11/2026, 7:00 AM (UTC)

Wrapped Bitcoin Market Stats

Popularity
#7836
Market Cap
$8.8B
Volume (24hours)
$422.7M
Circulation Supply
116.5K
Total Maximum Supply
--
Fully Diluted Market Cap
$8.8B
Wrapped Bitcoin Resources
Official Wrapped Bitcoin Website
You Buy
Wrapped Bitcoin Price
WBTC
You Spend
Rate
1 WBTC ≈ USD 75,539.12
Buy WBTC
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Binance
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Kraken
0.26%
Coinbase
1.99%

Price of Wrapped Bitcoin Today

The live price of Wrapped Bitcoin is $75,539.12 per (WBTC / USD) with a current market cap of $8.8B USD. 24-hour trading volume is $422.7M USD. WBTC to USD price is updated in real-time. Wrapped Bitcoin is -6.04% in the last 24 hours with a circulating supply of 116.5K.

Wrapped Bitcoin Price History

24H
7D
1M
3M
1Y

All Time High

$125,777.45

Current

$75,539.12

24H High

$80,475.56

24H Low

$75,385.91

24H Change

-6.04%

Crypto Market Sentiments

Fear & Greed Index

31
Fear
Extreme Fear
Fear
Greed
Extreme Greed

How do you feel about Wrapped Bitcoin today?

0%
0%
Note: This information is for reference only.
In the past 24 hours, Binance clients bought 0 WBTC worth $0
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Why Is Wrapped Bitcoin (WBTC) Down Today?Powered by AI
35 minutes ago

WBTC declined 6.27% over the last 24 hours to $75,510 amid broad market headwinds and persistent institutional outflows.

What's Driving Wrapped Bitcoin's Price?

  • Macro BTC correction (High): Sharp Bitcoin market pullback triggered systemic sell pressure → WBTC tracked 1:1 backing lower from $80,562 to $75,510.
  • Sustained large net outflows (High): Repeated large-order distributions dominated trading hours, intensifying negative price momentum.
  • Bearish technical breakdown (Medium): Price crossed under EMA-7 and EMA-25 alongside a negative MACD histogram expansion → RSI compressed toward oversold levels around 30.
Not advice. Information provided on an “as is” basis, without endorsement representation or warranty. Please DYOR.

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What Can You Do With Wrapped Bitcoin (WBTC)?

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Why KYC Verification is Important for Buying and Selling Wrapped Bitcoin

KYC (Know Your Customer) verification is required to buy, sell, and trade Wrapped Bitcoin securely on Binance. KYC standards are required to protect your account against fraud, corruption, money laundering, and terrorist financing. Binance requires users to complete Identity Verification to increase their account security. Learn more about how to verify your account on Binance.

People Also Ask: Other Questions About Wrapped Bitcoin

How much is 1 Wrapped Bitcoin (WBTC) in AED right now?

As of 6 Nov 2026, the current price of 1 Wrapped Bitcoin (WBTC) is AED 277.2K AED.

How can I track the Wrapped Bitcoin (WBTC) price in AED in real time?

You can track the Wrapped Bitcoin (WBTC) price in real time on Binance through live price charts and updated market data. The value displayed reflects the global virtual asset market converted into UAE dirham (AED), allowing users in United Arab Emirates to monitor price movements and historical trends directly in their local currency.

Why does Wrapped Bitcoin (WBTC) price change in AED?

The price of Wrapped Bitcoin (WBTC) in UAE dirham (AED) changes due to fluctuations in the global virtual asset market as well as movements in foreign exchange rates. Since many virtual assets are primarily traded against USD or stablecoins, the AED value reflects both global price changes and the conversion rate between USD and UAE dirham.

How much will 1 Wrapped Bitcoin (WBTC) be worth in 2030 in AED?

Check out our Wrapped Bitcoin (WBTC) Price Prediction page when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.

How is the price of Wrapped Bitcoin (WBTC) calculated on Binance?

The price of Wrapped Bitcoin (WBTC) on Binance is based on live market data from active trading pairs involving Wrapped Bitcoin. Prices may reflect recent trades, available liquidity, order book activity, and market demand across supported pairs such as WBTC/USDT, WBTC/USDC, or other available markets. The displayed price is updated in real time to help users track the latest price of Wrapped Bitcoin.

What factors affect the price of Wrapped Bitcoin (WBTC)?

The price of Wrapped Bitcoin (WBTC) can be affected by supply and demand, trading volume, liquidity, market sentiment, news, adoption, token utility, network activity, regulatory developments, and broader crypto market conditions. For some assets, tokenomics such as circulating supply, maximum supply, token unlocks, burns, or staking activity may also influence how the market values Wrapped Bitcoin over time.

Why does the price of Wrapped Bitcoin (WBTC) differ across crypto exchanges?

The price of Wrapped Bitcoin (WBTC) may differ across exchanges because each exchange has its own order books, liquidity, trading volume, user demand, spreads, and available trading pairs. Prices usually stay close across major exchanges, but short-term differences can happen when market activity is high, liquidity is lower, or when deposits and withdrawals vary across platforms.

What is the market capitalization of Wrapped Bitcoin (WBTC), and why does it matter?

Market capitalization, or market cap, is commonly calculated by multiplying the current price of Wrapped Bitcoin by its circulating supply. It is used to estimate the total market value of the asset and compare it with other cryptocurrencies. A higher market cap may indicate broader market adoption or liquidity, but it does not guarantee price stability or future performance.

Can I set price alerts for Wrapped Bitcoin (WBTC) on Binance?

Yes, Binance users can set price alerts for supported cryptocurrencies on the web and through the Binance app. Logged-in users can set their price target on the Wrapped Bitcoin price page and get notified when the target is reached.

Is Wrapped Bitcoin (WBTC) a better investment than gold or silver?

Wrapped Bitcoin (WBTC), gold, and silver are different types of assets with different risk profiles. Gold and silver are traditional commodities with long-established markets, while Wrapped Bitcoin is a virtual asset that may be more volatile. The Crypto Time Machine can help compare historical returns, but past performance should not be used as a guarantee of future results.

What Is the Current Price of Wrapped Bitcoin (WBTC)?

The current price of Wrapped Bitcoin (WBTC) is AED 277.2K. Top virtual asset prices are updated in real-time on Binance’s price directory.

What Is Wrapped Bitcoin (WBTC) Used For?

Wrapped Bitcoin is primarily used as an intermediary token for Bitcoin holders to enter the Ethereum network for the main purpose of interacting in DeFi applications in the ERC-20 ecosystem. Since Ethereum was designed several years after Bitcoin with decentralized application (DApp) technology, smart contracts and other protocols that enable further innovations beyond the BTC environment, Wrapped Bitcoin benefits both networks.

How Is Wrapped Bitcoin (WBTC) Created / Made?

Wrapped Bitcoin (WBTC) is created by merchants who field requests from individuals for the issuance of WBTC tokens in exchange for Bitcoin. Once the requests are received and KYC done, the merchant then has the minting process completed by an official WBTC custodian who sends the coins to the merchant. The original requestor then swaps their BTC with the merchant for the newly minted WBTC via CEX, DEX or atomic swap.

Who is the Founder of Wrapped Bitcoin (WBTC)?

Wrapped Bitcoin was originally founded and launched by BitGo, Kyber Network, and Ren in 2019 but is now managed and governed by a decentralized autonomous organization (DAO) consisting of more than 30 members.

What Is The Maximum Token Supply Of Wrapped Bitcoin (WBTC)?

Since WBTC tokens are issued as requests are submitted and answered for newly minted tokens, their total supply grows in tandem with this process. This means WBTC’s circulating and maximum supply are always the same. At the time of writing, the total number of WBTC tokens in circulation is 132.51K.

How does Consensus and Validation Work on Wrapped BTC?

On WBTC, a consortium of merchants holds the Bitcoin collateral in custody and issues an equivalent amount of WBTC tokens. These tokens are then used on the Ethereum network, where they are secured by a network of trusted validators who verify transactions and maintain the integrity of the network through a consensus algorithm based on Proof of Authority.

What Is Different About Wrapped Bitcoin (WBTC)?

The ability for BTC holders to easily bridge over to the Ethereum network through Wrapped Bitcoin is what truly makes this digital asset unique. WBTC bridges and ties the two independent ecosystems together, making it a flexible option for BTC holders who want to be ictive in ERC-20 DApps and the rest of its blockchain processes.

How To Buy Wrapped Bitcoin (WBTC)?

WBTC can be purchased directly from Binance using a debit or credit card. It can also be traded for other cryptocurrencies on the Binance exchange. Live WBTC price is updated in real time on Binance. For additional instructions and information, users can read our How to buy Wrapped Bitcoin (WBTC) Guide.

How Much Will WBTC be Worth in the Future?

Check out our WBTC Price Prediction page — when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.

About Wrapped Bitcoin (WBTC)

Wrapped Bitcoin (WBTC) is a wrapped form of Bitcoin developed to give Bitcoin holders the ability to participate in popular decentralized finance (DeFi) protocols on the Ethereum network. WBTC is an ERC-20 token and therefore, gives Ethereum the advantage of inviting liquidity from the Bitcoin ecosystem onto the Ethereum network. WBTC is traded on decentralized exchanges (DEXs) and utilized as collateral in lending and derivatives platforms, bridging Bitcoin's liquidity with Ethereum's DeFi ecosystem.

In order to create WBTC tokens, BTC holders submit requests to obtain newly issued tokens from a merchant who performs KYC and AML (Know Your Customer and Anti-Money Laundering) checks. The merchant then initiates the required transaction with an official custodian in order to mint the WBTC tokens before sending them into the custody of the merchant.

At this point, the requesting customer is able to swap BTC for WBTC with the merchant via a centralized exchange (CEX), decentralized exchange (DEX), or atomic swap. It is important to note that only merchants are empowered to redeem WBTC for BTC tokens in this protected process.

Due to the purpose of Wrapped Bitcoin and its unique minting process, there is a low circulating supply of WBTC. This is always the same as the total maximum supply, since it grows only as new tokens are minted. Currently, 132.51K WBTC tokens are in active circulation. The current price of WBTC is available and updated in real-time on Binance.

Disclaimer

This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial advice, nor is it intended to recommend the purchase of any specific product or service. Virtual asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.