At time of writing, Bitcoin is trading for $25,872. Total supply of bitcoin Applying our free float methodology to Bitcoin Forks - $BCH, $BSV, $BTG - generates an even starker difference in what is most commonly reported as the supply of these assets vs. what is more likely their supply in markets pic.twitter.com/1sHS8EWSXQ
Bitcoin circulating supply
Bitcoin has been the leading choice for investors in the crypto space being the first of its kind. However, there is more to why the cryptocurrency is so attractive for investors. The limited supply of the digital asset has secured its reputation as a deflationary asset, making it a great inflation hedge. There will only ever be 21 million bitcoins that will be mined. Recommended Content In February 2013, the exchange Coinbase reported selling US$1 million worth of bitcoins in a single month at over $22 per bitcoin. The Internet Archive announced that it was ready to accept donations as bitcoins and that it intends to give employees the option to receive portions of their salaries in bitcoin currency.
A Contrarian View
Each block comes with a Bitcoin mining limit, which determines the amount of Bitcoin released into circulation. With each block taking around ten minutes to mine, there are around 144 blocks mined each day. References A Holiday Extravaganza With Top Picks, Rants, Bitcoin Triumphs, and Central Bank Challenges in our 'Best of' Special