What is Wrapped Bitcoin USD (WBTCUSD)?

WBTCUSD is a wrapped token that represents Bitcoin on blockchain networks while maintaining a 1:1 value peg. It enables Bitcoin holders to trade and use Bitcoin across different blockchain ecosystems with enhanced liquidity and compatibility. The token trades with a market cap of $10.48 billion as of February 3, 2026.

Why is WBTCUSD down 0.92% today?

WBTCUSD declined due to broader Bitcoin weakness, with the underlying asset losing 6.37% weekly. Elevated trading volume at 1.03 billion suggests panic selling rather than gradual profit-taking. Technical breakdown below key moving averages contributed to the downward pressure.

What are the key support levels for WBTCUSD?

The primary support level is at $83,836.12 (Bollinger Band lower), followed by the day's low of $76,679.80. The 52-week low at $74,486.36 represents extended support. Breaking below $83,836 could accelerate declines toward lower support zones.

What does the technical analysis show for WBTCUSD?

RSI at 59.13 indicates neutral momentum, while ADX at 33.32 confirms a strong downtrend. MACD shows bearish momentum with negative signal lines. Stochastic readings suggest short-term overbought conditions that could precede a bounce.

What is the price forecast for WBTCUSD?

Monthly target is $74,758.08 (5.3% decline), quarterly target is $119,550.28 (51.3% gain), and yearly target is $99,990.63 (26.6% gain). Forecasts depend on support holding and regulatory clarity improving over time.

Crypto Insights

WBTCUSD Wrapped Bitcoin USD Slides 0.92% Daily as $83,836 Support Holds

ByHuzaifa Zahoor February 3, 2026February 3, 2026

Wrapped Bitcoin USD (WBTCUSD) is experiencing downward pressure on February 3, 2026, with a daily decline of 0.92% bringing the price to $78,996.80. This wrapped token tracks Bitcoin’s value while offering blockchain compatibility and trading flexibility. Understanding why WBTCUSD is sliding requires examining both technical indicators and broader market conditions. The token’s market cap sits at $10.48 billion with elevated trading volume at 1.03 billion, suggesting active participation despite the decline. We’ll analyze the technical setup, price forecasts, and what’s driving current market sentiment around WBTCUSD.