#Bitcoin 23 Day Moving Average fell below the 200-Day Averag | Gliiter Avenue on Binance Square

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#Bitcoin 23 Day Moving Average fell below the 200-Day Average, forming a 'Death Cross'. Despite this #BTC rose 3.8% to over $88,000, nearing the declining 50-Day Average Buy.

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Why #Btc is still No.1? The total supply of Bitcoin is capped at **21 million coins**, as defined by its creator, Satoshi Nakamoto. This hard limit is enforced by Bitcoin's underlying code and cannot be changed without overwhelming consensus from the network. ### **When Will All Bitcoin Be Mined?** Bitcoin is released gradually through a process called **mining**, where miners validate transactions and are rewarded with new BTC. The rate of new Bitcoin creation is halved approximately every **four years** in an event called the **"halving"**. - **Current block reward (as of 2024):** 3.125 BTC per block (after the April 2024 halving) - **Next halving (expected):** ~2028 (block reward drops to 1.5625 BTC) Based on the current emission schedule, the last Bitcoin is expected to be mined around the year **2140**. After that, miners will only earn transaction fees (no new BTC will be created). ### **Key Points:** 1. **~19.7 million BTC** have already been mined (as of 2024). 2. The remaining ~1.3 million BTC will be slowly released over the next ~116 years. 3. The final Bitcoin will likely be mined in **2140**, but due to rounding effects, the last fractions may take even longer. After 2140, #BitcoinSupply will remain fixed at **21 million**, making it a truly scarce asset. #BTCstructure #BTC🔥🔥🔥🔥🔥

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Why the Trump administration should be watching the bond market? The US government is at risk of defaulting by August unless the debt ceiling is raised or suspended. Rachel Snyderman, Bipartisan Policy Center managing director of economic policy, joins Catalysts to discuss the importance of monitoring the bond market in relation to the debt ceiling, emphasizing how even the potential for a government default can impact markets. #TrumpNFT #USGovernment

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