Bitcoin Supply Now Up to 90% of Hard Cap Set by Satoshi
It has taken Bitcoin just 12 years to reach 90% of its total hard cap. However, it will take another 119 years for the remaining 10% of the Bitcoin supply to be achieved.
It has taken Bitcoin just 12 years to reach 90% of its total hard cap. However, it will take another 119 years for the remaining 10% of the Bitcoin supply to be achieved.
Judging by recent news, Bitcoin has once again hit a new record! This time it’s the amount of Bitcoin supply which hasn’t been moved for more than five years. It reached an all-time high of 21,6%.
As the supply of Bitcoin is fixed, only 1 percent of the world’s population can have more than 0.28 BTC. In the upcoming years, this scarcity will increase.
There is a visible end for the Bitcoin’s high-rate price fluctuations as two reputed research firms claim the crypto-market to enter maturity.