Wrapped Bitcoin has declined sharply over the past 24-48 hours, trading at $61,013.08 as of June 6, 2026, down 3.4% over the past 24 hours and 16.63% over the past week. The asset's weakness mirrors a broader Bitcoin selloff that has pushed the underlying asset below $62,000 for the first time since October 2024, with Bitcoin itself hitting a two-year low amid relentless selling pressure.