The total market value of Bitcoin’s circulating supply crossed $1 trillion after BTC priced surged above $51,000.
The total market value of Bitcoin’s (BTC) circulating supply crossed $1 trillion after the BTC price surged above $51,000. The current circulating supply of Bitcoin is 19,627,443 BTC, i.e. 93.46% of its total supply, which is hard capped at 21 million.
The impact of rising positive investor sentiment — fueled by a sustained bull market and spot Bitcoin exchange-traded fund (ETF) approvals in the United States, among others — is being reflected across the other aspects of the ecosystem.
Previously, Bitcoin recorded a $1 trillion market cap milestone in November 2021, during a bull run that eventually catapulted BTC to its momentary all-time high of $69,000. Parallelly, the bull run extended across the crypto ecosystem and, for the first time, recorded a combined market capitalization of $3 trillion in crypto.
