Cryptocurrency Q&A
How much is a circulating supply of bitcoin?
How much is a circulating supply of bitcoin?
Arianna
Thu Jul 11 2024
|
5 answers
1033
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.
Was this helpful?
55
45
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.
Was this helpful?
380
90
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.
Was this helpful?
295
32
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.
Was this helpful?
100
73
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.
Was this helpful?
203
48
