Illiquid Bitcoin Is Now Record 74% of BTC’s Circulating Supply. That’s Bullish

Illiquid Bitcoin Is Now Record 74% of BTC’s Circulating Supply. That’s Bullish

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Source: Coindesk.com

The illiquid bitcoin has risen to a record high of 74% of the circulating supply. The level reflects the increasing scarcity of BTC in the market and a potential bullish impact on its price.

Almost three-quarters of bitcoin produced is considered illiquid, a record level that suggests increasing scarcity of the

Read More https://www.coindesk.com/markets/2024/09/04/illiquid-bitcoin-entities-now-control-record-74-of-btcs-circulating-supply/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Illiquid Bitcoin Is Now Record 74% of BTC's Circulating Supply. That's Bullish" appeared first here Coindesk.com.

Source: Coindesk.com

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