Wrapped Bitcoin (WBTC) traded sharply lower on June 2-3, 2026, as the token tracked Bitcoin's steep decline below the $70,000 level for the first time in two months. The wrapped asset fell to $66,717.00 by June 3, representing a 5.81% drop in 24 hours and an 11.66% decline over the past week, according to current market data. The move underscores WBTC's tight linkage to Bitcoin, with the token trading at 0.9953 BTC per unit, confirming its role as a faithful representation of Bitcoin across alternative blockchains.