Wrapped Bitcoin Trades at Discount Amid Market Contagion
WBTC’s discount dropped to as low as 1.5% as questions swirled over whether the token is fully backed. Custodian BitGo clarified that it is.
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### Instruction: Wrapped Bitcoin Trades at Discount Amid Market Contagion

### Response: WBTC’s discount dropped to as low as 1.5% as questions swirled over whether the token is fully backed. Custodian BitGo clarified that it is.