Last modified on 11. October 2020
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In March 2019, coinmarketcap.com launched the tracking of real-time Wrapped Bitcoin trading data.
This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.
Trading Volume & Market Capitalization
The all-time high of Wrapped Bitcoin in 2019
The Wrapped Bitcoin currency climbed to a high in August 2019 at nearly US$ 41 thousand. The equivalent market capitalization of the token reached over US$ 5.5 million. This put Wrapped Bitcoin around certain other digital currencies, such as bitCNY, OST, Zipper, Sentinel and Dropil, among others.
Wrapped Bitcoins all-time high compared to Bitcoin and the most renowned companies worldwide
Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 175 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 929 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 80 billion.
- Wrapped Bitcoin (WBTC): 0.006 bn US dollars
- Bitcoin (BTC): 175 bn US dollars
- Apple (AAPL): 929 bn US dollars
- VW (VWAGY): 80 bn US dollars
- Date: 28 August 2019
The Wrapped Bitcoin-Token is not a native cryptocurrency and is not generated by mining. Its upper limit on tokens is exactly twenty-one million US dollars. Those interested in the source code should also take a look at the GitHub page.
This block explorer can be used to track the current block height and other recently updated metrics around all Wrapped Bitcoin transactions.
Further information about Wrapped Bitcoin, including the white paper and other links to source code, community forums and social media channels can be found on wbtc.network.
A large market for buying or selling Wrapped Bitcoin in USD is Bitfinex. Additional trading platforms for buying or selling Wrapped Bitcoin in USD are OKEx, Bittrex and Bamboo Relay, among others.
A large market for buying or selling Wrapped Bitcoin in BTC is Binance. Additional trading platforms for buying or selling Wrapped Bitcoin in BTC are OKEx, Huobi Global and Folgory, among others.
You can contact the Wrapped Bitcoin team directly by going to the following social media channel:
1. This figure changes to 0.6657 percent when taking Bitcoin out of the equation.