Bitcoin: The Ultimate Scarcity-Driven Store of Value

Bitwise CEO Hunter Horsley has recently emphasized Bitcoin’s unparalleled scarcity, labeling it as the "scarcest store of value in the world." This assertion comes as Bitcoin’s fixed supply of 21 million coins continues to attract comparisons with traditional stores of value, particularly amid growing institutional interest. Horsley’s comments, shared on social media platform X, underscore Bitcoin’s unique monetary properties at a time when the cryptocurrency is trading NEAR significant price levels. As of May 2025, Bitcoin’s scarcity remains a cornerstone of its value proposition, reinforcing its appeal to both institutional and retail investors seeking a hedge against inflation and economic uncertainty.

Bitcoin Is the Scarcest Store of Value in the World, Says Bitwise CEO

Bitwise CEO Hunter Horsley has reignited discussions around Bitcoin’s scarcity, calling it the "scarcest store of value in the world." The digital asset’s fixed supply of 21 million coins continues to draw comparisons with traditional stores of value as institutional interest grows.

Horsley’s remarks on social media platform X highlight Bitcoin’s unique monetary properties at a time when the cryptocurrency trades near $96,611 with a $1.92 trillion market capitalization. Daily trading volume exceeds $29 billion as volatility remains subdued at 2.1%.

Bitcoin Bull Run 2025 at Risk as FED’s Interest Rate Decisions Loom

Bitcoin’s trajectory in 2025 hangs in the balance as the Federal Reserve’s impending interest rate decisions cast uncertainty over the market. The cryptocurrency enjoyed a robust rally in late 2024, climbing 37.4% following the U.S. presidential election, which saw pro-crypto candidate Donald Trump take office.

The new year has delivered volatility. An initial 9.54% surge gave way to consecutive monthly declines of 17.5% and 2.19% in February and March. April brought respite with a 14.2% rebound, while May has seen modest 0.38% gains thus far.

Market expectations of three Fed rate cuts in 2025 currently underpin bullish sentiment. Should these anticipated easing measures fail to materialize, Bitcoin’s path to new all-time highs could face significant headwinds.

Best Crypto to Buy Now: What Is May’s Biggest Play?

Bitcoin surged to a two-month high of $96,500 on Thursday, signaling a confirmed uptrend rather than a temporary rebound. The breakout reflects renewed bullish momentum in the cryptocurrency market.

On-chain data from CryptoQuant reveals whales have accumulated 43,100 BTC worth approximately $4 billion over the past two weeks. Such accumulation phases have historically preceded significant price rallies, indicating strong confidence among large holders.

Bitcoin Dips but ETF Inflows and Fed Week Sustain Bullish Sentiment

Bitcoin’s retreat to $95,000 from last week’s $98,000 high hasn’t dampened bullish momentum. The cryptocurrency’s resilience stems from institutional demand, with U.S. spot Bitcoin ETFs absorbing supply at a staggering pace. Last week’s $1.8 billion net inflows—equivalent to 18,500 BTC—overshadowed new supply by a 6:1 ratio against mined coins.

On-chain metrics echo the optimism. Active BTC addresses surged past 800,000 this weekend, signaling renewed network participation. While still below historic peaks, the rebound reflects growing conviction among market participants.

Michael Saylor’s Bitcoin Bet Grows: 555K BTC and Counting

MicroStrategy has bolstered its Bitcoin holdings with the acquisition of 1,895 BTC for $180.3 million, paying an average of $95,167 per coin. The firm’s total Bitcoin stash now stands at 555,450 BTC, acquired at an average cost of $68,550 per unit. With a year-to-date yield of 14.0% as of May 4, 2025, the company reaffirms Bitcoin’s role as its cornerstone treasury asset.

The relentless accumulation underscores institutional confidence in Bitcoin’s long-term value proposition. Saylor’s strategy—treating Bitcoin as a digital gold—continues to defy market volatility, positioning MicroStrategy as the largest corporate holder of the cryptocurrency.