Bitcoin scarcity is real as U.S. President Trump embraces BTC: What to expect in February
Bitcoin mined has crossed the 19.96 million mark, meaning over 95% of Bitcoin in existence has been issued. The largest cryptocurrency could soon experience a scarcity, amidst fast paced BTC withdrawals from exchanges. U.S. President Donald Trump’s plan for a strategic Bitcoin reserve and developments like institutional adoption, Layer 2 rollout on BTC could catalyze demand for the digital asset.
Bitcoin mined has crossed the 19.96 million mark, meaning over 95% of Bitcoin in existence has been issued. The largest cryptocurrency could soon experience a scarcity, amidst fast paced BTC withdrawals from exchanges. U.S. President Donald Trump’s plan for a strategic Bitcoin reserve and developments like institutional adoption, Layer 2 rollout on BTC could catalyze demand for the digital asset.
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