According to recent data from Curated Crypto, as of July 24, approximately 5.3% of Bitcoin remains available for mining, highlighting the nearing completion of Bitcoin’s supply issuance. Market analysts emphasize that over 7.5% of the total Bitcoin supply is effectively removed from circulation, attributed to lost wallets, forgotten private keys, and irreversible destruction. This permanent reduction in circulating supply could influence Bitcoin’s scarcity dynamics, potentially impacting long-term valuation trends. Investors and stakeholders should consider these supply constraints when evaluating Bitcoin’s market fundamentals and future price trajectories.
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Source: https://en.coinotag.com/breakingnews/bitcoin-mining-nears-completion-as-over-7-5-of-supply-is-permanently-lost/