Bitcoin Supply Reality — Scarcity Is No Longer a Theory
Bitcoin is trading near 87,400 while something far more important is happening quietly in the background. Circulating supply is already at 19.96M BTC, almost identical to total supply, with a hard cap of just 21M. That means over 95% of all Bitcoin that will ever exist is already mined, and new supply is shrinking with every halving. When demand increases and supply barely moves, price pressure builds naturally. This is why pullbacks stay shallow and long-term structure remains strong — Bitcoin is no longer about creation, it’s about competition for what’s left.
BTCUSDT
Perp
84,643.6
-1.56%
