Wrapped Bitcoin

現在の状態: Wrapped Bitcoin is trading at $63,418.18 with a $8.3 billion market capitalization (rank #13). The price moved +4.41% over the past 24 hours and is -13.77% over 7 days; the 30-day move stands at -20.69% and the 90-day at -7.12%.

サイクル内の位置: A drawdown of this magnitude is within the typical correction range — historically resolved in either direction, often via a re-test of the prior peak before a definitive break.

ボラティリティと構造: 30-day realized volatility of 38.0% annualized is moderate for an asset this size. Our composite multi-horizon Price Strength reads Bearish (31/100), against a weakening multi-horizon backdrop with cumulative pressure across 30/90-day windows.

Beyond Bitcoin, WBTC's 90-day return correlations to the other two largest layer-1 references help characterize whether the asset moves as part of a crypto-market beta complex or as something more idiosyncratic. The Pearson correlations across daily log returns:

• Bitcoin reference: +1.00 — a very strong positive relationship.
• Ethereum reference: +0.91 — a very strong positive relationship.
• Solana reference: +0.87 — a very strong positive relationship.

Strong correlation to multiple references typically indicates that the asset trades primarily as crypto-market beta — moves in BTC/ETH/SOL drive most of the price action, and stand-alone alpha is harder to capture. Weak or negative correlations indicate idiosyncratic drivers (project-specific news, sector rotation within crypto, or narrative shifts) that can produce returns uncorrelated with the broader market.

Wrapped Bitcoin (WBTC) is グローバルなデジタル資産市場で取引される暗号通貨. It trades at $63,418.18 as of the latest update, with a 24-hour move up 2.99%, placing it at rank #17 by market capitalisation among all listed digital assets. Wrapped Bitcoin's current market cap stands at $8.32B, a figure used by traders, analysts and institutional desks to gauge relative liquidity and risk exposure across the crypto market.

このページには、毎日更新されるライブダッシュボードがあり、Wrapped Bitcoinを複数のデータソースで追跡しています — 数年遡る価格履歴、利用可能な場合のオンチェーン活動、流通供給量と希薄化などのファンダメンタルズ、取引量別トップ取引所、移動平均線とRSIによるテクニカル分析、そしてアルゴリズムによる短期・中期・長期予測。すべての数値は公開APIから取得され、ローカルにキャッシュされています。投資助言ではありません。

Wrapped Bitcoin lets holders of the underlying asset participate in DeFi or applications on a different blockchain while keeping exposure to the underlying. Wrapped versions of major assets are widely used as collateral, as liquidity for DEX pools, and as building blocks in structured DeFi products.

Wrapped Bitcoin (WBTC) is a ラップド・アセット：別のブロックチェーン上の基礎資産を表すトークンで、カストディまたはスマートコントラクト保証の下で発行されます。基礎資産はカストディアンまたはプロトコルによって保管(またはステーク)され、同等量のラップドトークンが宛先チェーンでミントされます。ラップドトークンをバーンすると基礎資産が解放されます。

Wrapped tokens are designed to track the underlying asset 1:1. Peg deviations occur when redemption is interrupted, when custody is questioned, or when DEX liquidity becomes thin. The metric that matters is not "price" but peg-to-underlying.

Wrapped Bitcoin is used wherever the underlying asset is needed in a different on-chain environment: as DeFi collateral, as part of liquidity pools, as a yield-bearing alternative (in the case of staking derivatives), and as the substrate for structured products. It is rarely used for direct speculation — that demand goes to the underlying.

Wrapped Bitcoin is a wrapped token — supply expands as more of the underlying asset is custodied (or staked, in the case of liquid-staking derivatives) and contracts as the wrapped tokens are burned to redeem. There is no independent emission schedule. The tokenomics question that matters is whether the underlying is fully backing the wrapped supply, which depends on the custodian or protocol design.

Investors should treat the wrapped-token supply as a measure of how much "demand for on-chain DeFi access to the underlying" exists at the current moment. Growing supply suggests rising demand for DeFi composability with the underlying; shrinking supply suggests the opposite.

The macro backdrop for crypto assets in 2026 is dominated by the Federal Reserve's rate path, the trajectory of dollar liquidity, and the unwind (or non-unwind) of the post-2020 expansion in M2 money supply. Crypto assets — and Bitcoin in particular — have historically responded most strongly to changes in the global liquidity regime, with risk-on phases coinciding with falling real yields and a softening dollar, and risk-off phases the inverse. Given the 90-day BTC correlation of +1.00, WBTC's near-term macro sensitivity will be similar to Bitcoin's — driven primarily by the same liquidity conditions and risk-asset flows.

The cross-asset relationships worth monitoring: the dollar index (DXY) — historically inversely correlated with crypto over longer windows; the 10-year Treasury yield — a proxy for the cost of risk capital; gold — which often shares "monetary hedge" framing with Bitcoin during certain regime changes; and the S&P 500 — which during liquidity-driven moves often rhymes with crypto despite the popular framing of crypto as uncorrelated.

For Wrapped Bitcoin specifically, the macro variable that has empirically led price most often is global crypto-market liquidity — proxied by stablecoin total supply, futures open interest, and exchange volumes. When these expand, WBTC tends to follow; when they contract, the relationship typically reverses.

Risks are specific to wrapped assets: custody risk (the underlying may be compromised or seized), smart contract risk (mint/burn logic could be exploited), peg risk (the wrapped token can trade below par during stress), and protocol-specific governance risk (changes to the wrapping protocol may affect redeemability). Users should treat the wrapped token as exposure to the underlying plus the wrapper's risk surface.