There were 450 new BTC mined yesterday.
US Bitcoin ETFs alone bought 17,880 BTC yesterday. 🤯
Supply shock coming soon…….🚀
#Nostr #Damus #Bitcoin #LetsGo 
There were 450 new BTC mined yesterday.
US Bitcoin ETFs alone bought 17,880 BTC yesterday. 🤯
Supply shock coming soon…….🚀
#Nostr #Damus #Bitcoin #LetsGo 
How is the price not skyrocketing right now??
No idea but there must still be enough weak hands willing to part with there Bitcoin to offset the demand. BTC is up about $7K (10%) in the last week so not a bad start to things.
Demand is outstripping new supply and eventually those that are willing to sell their Bitcoin will not be able to keep up. Time will tell…………….🚀