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Wrapped Bitcoin is the tokenized version of the premier digital asset Bitcoin. It was developed by BitGo, Kyber Network, and Ren to plug into the booming decentralized finance (DeFi) ecosystem.

Bitcoin jumped nearly 8% to $87,470 after the Federal Reserve’s latest policy decision. Here are five key takeaways on how the Fed’s stance may impact BTC’s price and institutional demand.

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.