◆ Cryptocurrency · WBTCUSDT

Wrapped Bitcoin

Wrapped Bitcoin (WBTC) is an Ethereum token backed 1:1 by bitcoins held by a custodian. It lets BTC be used in Ethereum DeFi; its price tracks Bitcoin.

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Ticker
WBTCUSDT
Category
Cryptocurrencies
Type
Cryptocurrency
Market-cap rank
n°16
Trading hours
24/7

What is Wrapped Bitcoin?

Wrapped Bitcoin (WBTC) is an Ethereum token backed 1:1 by bitcoins held by a custodian. It lets BTC be used in Ethereum DeFi; its price tracks Bitcoin. A cryptocurrency is a digital asset issued and traded on a blockchain. Its price forms 24/7 on exchanges.

How Wrapped Bitcoin works and what gives it value

Price depends on the project's usage, emission schedule, liquidity and above all the overall crypto market led by Bitcoin.

What moves the price of Wrapped Bitcoin

  • ◆Bitcoin trend and BTC dominance
  • ◆Global liquidity (dollar, rates)
  • ◆Project-specific news
  • ◆Listings and token unlocks

Key metrics to watch

  • ◆Market cap and rank
  • ◆Volume relative to market cap
  • ◆Circulating vs max supply

Risks specific to Wrapped Bitcoin

  • ◆High volatility
  • ◆Thin liquidity on small caps
  • ◆Project-specific risk

How to analyse Wrapped Bitcoin on GraphTrade

Daily for the trend, 4h and 1h for timing. Open the WBTCUSDT chart, add the indicators below, compare Wrapped Bitcoin with similar assets in Performance and ask the AI Compass to explain the latest move with news and macro context.

Themes

Included in: Top 11–50.

◆ Indicators suited to Wrapped Bitcoin

◆ FAQ

What is Wrapped Bitcoin (WBTCUSDT)?

Wrapped Bitcoin (WBTC) is an Ethereum token backed 1:1 by bitcoins held by a custodian. It lets BTC be used in Ethereum DeFi; its price tracks Bitcoin.

Why is Wrapped Bitcoin going up or down today?

The main drivers are: bitcoin trend and btc dominance, global liquidity (dollar, rates), project-specific news, listings and token unlocks. The AI Compass cross-references these with today's news.

Which indicators work best on Wrapped Bitcoin?

Daily for the trend, 4h and 1h for timing.

What are the risks of Wrapped Bitcoin?

High volatility ; Thin liquidity on small caps ; Project-specific risk.

What is the market-cap rank of Wrapped Bitcoin?

Wrapped Bitcoin was ranked #16 by market cap when this page was generated. The live rank appears at the top of the page.

How do I follow Wrapped Bitcoin in real time?

Open the free GraphTrade chart for WBTCUSDT: price updates live every second, with all indicators.

How do I add Wrapped Bitcoin to my portfolio?

Click « Add to portfolio » on this page: the asset joins your active portfolio.

Is this investment advice?

No. GraphTrade provides information and analysis tools only.

◆ Assets similar to Wrapped Bitcoin

Information only, not investment advice.