$BTC Too much demand, not enough supply. There will only be a total of 21 million units of Bitcoin (BTC) for the entire planet, which is much less than 1 BTC available per millionaire in the world. The latest report from Sygnum Bank suggests that we are heading towards a significant strain on the available BTC supply, potentially leading to a price surge.

Key points of this article:

Sygnum Bank revealed a drastic reduction in the supply of Bitcoin, exacerbated by institutional adoption and the creation of exchange-traded funds.

BTC reserves on centralized platforms have plummeted, foreshadowing a potential price surge in the face of increasing demand and global economic uncertainties.