Here is a brief update of the Current Price and Market Data:

Price: $BTC is currently trading at approximately $93,975.37 USD.

Market Cap: The total market capitalization of Bitcoin is around $1.86 trillion USD.

24-Hour Trading Volume: In the last 24 hours, Bitcoin has seen a trading volume of about $64.19 billion USD.

Circulating Supply: There are roughly 19.3 million BTC in circulation out of the maximum supply of 21 million BTC.

Predictions for 2030

Price Prediction: By 2030, #bitcoin price could potentially reach $1.5 million USD. This optimistic forecast is based on several factors:

Increased Adoption: As more institutions and individuals adopt Bitcoin, its demand is expected to rise.

Scarcity: With a capped supply of 21 million #BTC☀ , Bitcoin’s scarcity is a significant factor driving its value.

Macroeconomic Influences: Factors such as inflation, economic instability, and the growing interest in decentralized finance (#defi ) could further boost Bitcoin’s price.

Circulating Supply: By 2030, the circulating supply of Bitcoin will be close to its maximum limit of 21 million coins. This is due to the deflationary nature of Bitcoin’s mining process, where the reward for mining new blocks is halved approximately every four years, reducing the rate at which new Bitcoins are created.