Discover how 95% of Bitcoin has been mined and the impact on the market. Insights on Bitcoin supply and predictions for future demand.
With over 19.96 million Bitcoins (BTC) mined, 95% of the total supply of this digital currency has now been produced. Santiment data shows that since the announcement of the US presidential election results in November 2024, Bitcoin supply on exchanges has decreased by 15% and the amount of Bitcoin held off exchanges has increased from 17.99 to 18.3 million. Matthew Sigel, Director of Digital Asset Research at VanEck, predicts that implementing Bitcoin reserve plans in 20 US states will create a demand equivalent to 23 billion dollars (247,000 Bitcoins) in the market.
