Does the price of WBTC fluctuate like other cryptocurrencies such as BTC and ETH or is it pegged to a fiat currency like USD or EURO ?
The price of WBTC does fluctuate like other cryptocurrencies such as BTC and ETH.
WBTC is an ERC-20 token that is backed 1:1 with Bitcoin, meaning that the value of one WBTC is equal to the value of one Bitcoin. As such, its price will move in line with the price of Bitcoin, and will be subject to the same market forces that affect Bitcoin's price. It is not pegged to any fiat currency like USD or EURO.
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