As a keen observer of the
cryptocurrency market, I'm often curious about the fundamental metrics that shape the value and dynamics of digital assets. One such metric that has piqued my interest is the circulating supply of Bitcoin. Could you please elaborate on the current circulating supply of Bitcoin and how it is calculated? Understanding this figure is crucial in assessing the scarcity and potential impact on the price of this leading cryptocurrency. Additionally, I'm also interested in knowing if there are any factors that could potentially alter the circulating supply in the future.
5 answers
BlockchainBaroness
Sat Jul 13 2024
Bitcoin, a digital currency with a circulating supply of 19,697,896 coins, commands a substantial market presence.
CryptoTitanGuard
Fri Jul 12 2024
Its total market capitalization stands at a staggering $1,243,207,052,105.13, indicating the significant value attributed to each unit of the cryptocurrency.
Margherita
Fri Jul 12 2024
Over the past 24 hours, the amount of Bitcoin traded has experienced a remarkable surge of $29,982,672,923.49, representing a significant 108.17% increase.
ethan_thompson_psychologist
Fri Jul 12 2024
Furthermore, in the preceding day, transactions involving Bitcoin reached a total value of $27,719,299,062.34, further affirming its liquidity and widespread acceptance.
Chloe_jackson_athlete
Fri Jul 12 2024
Among the various platforms facilitating Bitcoin transactions, BTCC, a UK-based cryptocurrency exchange, offers comprehensive services such as spot trading, futures trading, and secure wallet solutions. These services cater to a diverse range of investors and traders, contributing to the overall liquidity of the Bitcoin market.