The total market value of Bitcoin’s circulating supply crossed $1 trillion after BTC’s price surged above $51,000.
The total market value of Bitcoin’s circulating supply crossed $1 trillion after the BTC price surged above $51,000. The current circulating supply of Bitcoin is 19,627,443 BTC, i.e., 93.46% of its total supply, which is hard capped at 21 million.
The impact of rising positive investor sentiment — fueled by a sustained bull market and spot Bitcoin (BTC) exchange-traded fund (ETF) approvals in the United States, among other factor — is being reflected across the other aspects of the ecosystem.
The spike in Bitcoin investments at both individual and institutional levels has aided Bitcoin’s sustained price appreciation recently.
Read more
Source: https://cointelegraph.com/news/bitcoin-1-trillion-market-cap