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  3. Bitcoin Supply Crosses 20.07 Million as Demand Deficit Narrows
1 week ago

Bitcoin Supply Crosses 20.07 Million as Demand Deficit Narrows

BitcoinaltcoinsbitcoinBitcoin apparent demandbitcoin etfBitcoin ETFSBitcoin miningBitcoin priceBitcoin supplyblockchainBTCbtc priceCryptocrypto marketCrypto newscryptocurrencycryptoquantDigital Assets

TLDR: Bitcoin supply now exceeds 20.07 million BTC, placing about 95.57% of the protocol maximum into theoretical circulation today. Bitcoin apparent demand improved by about 240,000 BTC since early June, but its negative reading still signals incomplete absorption. BTC trades near $63,000 inside a projected $58,000 to $67,000 range, with $65,000 and $67,000 acting as [...]

The post Bitcoin Supply Crosses 20.07 Million as Demand Deficit Narrows appeared first on Blockonomi.

Source: Blockonomi →

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