Bitcoin Enters Deflationary Phase Amidst Institutional Accumulation

Bitcoin Enters Deflationary Phase Amidst Institutional Accumulation

Bitcoin has entered a deflationary phase, propelled by aggressive institutional accumulation that now outpaces the rate of new coin issuance. Leading this trend is Strategy, formerly known as MicroStrategy, which has amassed 555,450 BTC—valued at over $58 billion—rendering these holdings effectively illiquid. According to CryptoQuant CEO Ki Young Ju, this level of accumulation contributes to an estimated annual deflation rate of -2.23% for Bi...

cryptocurrency news today

Comments

Popular posts from this blog

Bitcoin news

Circle Expands Role in Hyperliquid via USDC Deployment and HYPE Stake

The music platform with the blockchain was announced in South Korea