Denis Holub

Denis Holub

Your CFX Coach

On December 21, 2021 Bitcoin hit an important milestone. The total number of BTC in circulation in the market now accounts for 90% of the total supply.

It means that about 18.89 million bitcoins, out of a maximum of 21 million, have been mined and are now on the open market.

But why only 21 million?

One of the reasons for the Bitcoin supply cap was to ensure a currency without inflation by controlling the supply and future price fluctuations.

By 2040, the estimate shows that only 80,000 bitcoins out of 21 million will be available to be bought and sold. $

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