Wrapped Bitcoin
About Wrapped Bitcoin
Wrapped Bitcoin (WBTC) offers a version of Bitcoin, transferred onto the Ethereum blockchain. WBTC complies with the standard of Ethereum's blockchain, ERC-20, which allows it to seamlessly integrate into Ethereum's decentralized applications. Supported by Bitcoin on a 1:1 ratio through a network of merchants and custodians that are automatically monitored, WBTC ensures price is always linked to Bitcoin and provides users the chance to fluidly transfer liquidity between the BTC and ETH networks. The Wrapped Bitcoin was first announced in October 2018 and officially launched in January 2019.
In the last hour, Wrapped Bitcoin's price has seen a change of +0.06%, and over the past 24 hours, its price has moved by +0.94%. Over the previous week, Wrapped Bitcoin's price has moved by -2.43%. The current price of Wrapped Bitcoin is SAR 309,408.28, accompanied by a trading volume of 503.3M in the last day. Wrapped Bitcoin's price is currently 34.48% below its all-time high of SAR 472,234.45, which remains the highest price Wrapped Bitcoin has achieved since its launch. The circulating supply of Wrapped Bitcoin stands at 116.5k, translating to a total market capitalization of 36.05B.
Market stats
Frequently asked questions
What is the market cap of Wrapped Bitcoin?
With a market capitalization of 36.05B, Wrapped Bitcoin is ranked 12 among other crypto assets.
What is the all-time high of Wrapped Bitcoin?
The highest valuation of Wrapped Bitcoin since its launch was at SAR 472,234.45, marking its all-time high.
What is the 24-hour trading volume of Wrapped Bitcoin?
The trading activity of Wrapped Bitcoin over the last 24 hours was at 503.3M, highlighting its liquidity in the market.
How many Wrapped Bitcoin are there in circulation?
There are approximately 116.5k units of Wrapped Bitcoin currently in circulation, affecting its market dynamics.
What is the relative popularity of Wrapped Bitcoin?
Wrapped Bitcoin market cap is around 36.05B.
When was Wrapped Bitcoin created?
Wrapped Bitcoin was introduced on 30 Jan 2019.
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