What is the circulating supply of Bitcoin?

6 answers

• Ibrahim ShamsanMay 14, 2021 · 4 years ago
  The circulating supply of Bitcoin refers to the total number of Bitcoins that are currently in circulation and available for trading. It is calculated by subtracting the number of Bitcoins that have been permanently lost or locked up from the total supply of Bitcoins. This includes Bitcoins that have been sent to addresses whose private keys have been lost or destroyed, as well as Bitcoins that have been intentionally locked up in long-term storage or used in certain types of smart contracts. The circulating supply is an important metric for understanding the liquidity and availability of Bitcoin in the market.
  618

  309
• Jajlovely JajlovelyDec 16, 2021 · 4 years ago
  The circulating supply of Bitcoin is the number of Bitcoins that are actively being traded and held by individuals and institutions. It does not include Bitcoins that are held by the Bitcoin network itself, such as those held in the Bitcoin Core development fund. The circulating supply is important because it gives an indication of the amount of Bitcoin that is available for buying and selling on the open market. It is also used to calculate metrics such as market capitalization and trading volume.
  503

  168
• ravinApr 16, 2021 · 4 years ago
  The circulating supply of Bitcoin is constantly changing as new Bitcoins are mined and added to the supply, and as existing Bitcoins are traded or lost. As of now, the circulating supply of Bitcoin is approximately 18.7 million out of a total supply of 21 million. This means that around 88.8% of all Bitcoins that will ever exist are already in circulation. The remaining Bitcoins will be gradually released through the mining process over the next century. It's worth noting that the circulating supply can also be affected by factors such as forks and airdrops, which can create new coins that are added to the supply.
  621

  156
• SKELETON PLAYMay 10, 2022 · 3 years ago
  The circulating supply of Bitcoin is an important metric for investors and traders, as it can have an impact on the price and liquidity of Bitcoin. A higher circulating supply generally indicates a larger and more liquid market, which can make it easier to buy and sell Bitcoin without causing significant price fluctuations. On the other hand, a lower circulating supply can create scarcity and potentially drive up the price of Bitcoin. It's important to note that the circulating supply is just one factor to consider when evaluating the potential value of Bitcoin, and it should be analyzed in conjunction with other factors such as market demand, adoption, and technological developments.
  693

  139
• Sonali SinghMar 13, 2023 · 2 years ago
  The circulating supply of Bitcoin is a key metric that is often used to compare Bitcoin with other cryptocurrencies. While Bitcoin has a fixed total supply of 21 million coins, many other cryptocurrencies have no maximum supply or have a much larger supply. This can impact factors such as inflation and scarcity, which can in turn affect the value and stability of the cryptocurrency. When comparing the circulating supply of Bitcoin with other cryptocurrencies, it's important to consider factors such as market demand, adoption, and the underlying technology to get a complete picture of their potential value and long-term viability.
  637

  107
• Hawkins OutzenAug 24, 2022 · 3 years ago
  The circulating supply of Bitcoin is a topic of interest for many cryptocurrency enthusiasts and investors. It is an important metric that can provide insights into the overall health and growth of the Bitcoin ecosystem. By tracking the circulating supply over time, analysts can identify trends and patterns that may impact the price and adoption of Bitcoin. It's worth noting that the circulating supply is just one piece of the puzzle, and it should be considered alongside other factors such as market demand, regulatory developments, and technological advancements when making investment decisions.
  603

  87