The total amount of Bitcoin in the world and the global Bitcoin transaction volume
The total number of Bitcoins in the world is 21 million, which is the upper limit set by the designers of Bitcoin. As of now, approximately 18.7 million Bitcoins have been mined. However, the actual number of Bitcoins in circulation may be less, as some may have been lost or frozen in inaccessible wallets. As for the global Bitcoin trading volume, the daily trading volume will fluctuate, but according to statistics, the average daily Bitcoin trading volume is around 10 billion US dollars. This number shows the liquidity and popularity of Bitcoin as a digital currency.
Bitcoin is a decentralized cryptocurrency and a new type of electronic currency. Its value continues to grow because its circulation is limited, with a maximum of 21 million pieces issued, and about 17 million pieces have been issued so far.
The issuance of Bitcoin is fixed and halved every 4 years, resulting in a gradual reduction in supply and rising prices.
The current global stock of Bitcoins is approximately 17 million, of which approximately 10 million are permanently frozen and cannot be unfrozen due to the death of the owner or forgetting the password. Therefore, this part of Bitcoin will never flow into the market.
Bitcoin supply is limited, demand grows, and prices will continue to rise.
Fifth, the price of Bitcoin is also affected by government policies, and adjustments to monetary policy will have an impact on the price of Bitcoin. Therefore, investors need to pay close attention to the government's monetary policy to better grasp investment opportunities.
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The Bitcoin market is affected by other currencies, such as US dollars and euros wait. If the U.S. dollar rises, the price of Bitcoin falls, and vice versa.
In summary, the global stock of Bitcoin is approximately 17 million. As the issuance of Bitcoin gradually decreases, its price is expected to continue to rise. In addition, government monetary policy and the impact of other currencies can also have an impact on Bitcoin prices. Therefore, investors should pay close attention to the development of Bitcoin to seize investment opportunities.
What is the global Bitcoin trading volume?
How much is the global Bitcoin trading volume?
Bitcoin is an innovative digital currency whose development has attracted much attention since 2009. Has Bitcoin’s global transaction volume reached a significant scale?
According to data from CoinMarketCap, as of February 2021, Bitcoin’s global trading volume has reached approximately US$2 billion per day, an increase of nearly 20 times compared with the same period last year. Bitcoin’s global transaction volume reached an all-time high in the fourth quarter of 2020, surpassing $5 billion in December 2020 alone, and hit a new high in January 2021.
Globally, Bitcoin transaction volume is mainly concentrated in the United States, Japan, South Korea and Europe, accounting for about 90%. The U.S. market has the highest proportion of Bitcoin trading volume in the world, followed by Japan, South Korea and Europe.
In addition, the global transaction volume of Bitcoin is also affected by other cryptocurrencies, and the global transaction volume of cryptocurrencies such as Ethereum, Yuzu, and XRP is also increasing. According to CoinMarketCap data, the global trading volume of cryptocurrencies such as Ethereum, Yuzi, and XRP also hit a new high in January 2021.
Overall, Bitcoin’s global transaction volume has reached a considerable scale and is growing. As Bitcoin develops, this trend is expected to continue and reach even higher levels in the coming years.
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