https://www.facebook.com/tradingview/photos/a.802024629816535/5993085974043682/
And after looking at this chart, I've compared from a few sources, cmc and coingecko for its price. So for those who don't know it yet, wrapped bitcoin is like USDT that's tied and pegged to dollars while wrapped bitcoin is tied and pegged to bitcoin's price.
But look at the difference of WBTC which should be pegged to bitcoin's price. I know that there's a difference for different source of market prices. And with these two sources, coinmarketcap and coingecko, looking at both wbtc and btc that proves that it's not tied or pegged to btc's price anymore.
[Two images at top from coinmarketcap.com]
[Two images at the bottom from coingecko.com]
With the bear market and things happening to exchanges and projects, it's possible that this (WBTC) could be the next to bite the dust.
REMINDER: WBTC IS NOT A REAL BITCOIN.
Sources: https://www.facebook.com/tradingview/photos/a.802024629816535/5993085974043682/
https://coinmarketcap.com/currencies/bitcoin/
https://coinmarketcap.com/currencies/wrapped-bitcoin/
https://www.coingecko.com/en/coins/bitcoin
https://www.coingecko.com/en/coins/wrapped-bitcoin