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via U.Today · By U.Today Editorial

Binance's CZ Hints Bitcoin's Supply Is Even Lower Than Expected

BTC

BTC/USDT

$63,130.00

+0.08%

$63,130.00

+0.08%

(24s)

24h Volume

$2,520,548,945.14

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0024%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,124.99

▲ 0.06%

Volume (24h): -

Resistance Levels

Resistance 3$66,089.47

Resistance 2$64,394.57

Resistance 1$63,626.42

Price$63,124.99

Support 1$62,999.35

Support 2$62,275.00

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.5

U.Today Editorial

(03:58 PM UTC)

1 min read

Approved byJames Mitchell

0 comments

20% of Bitcoin irrecoverable
Why is Bitcoin scarce?

As the next Bitcoin halving event continues to draw closer, Binance's founder, Changpeng Zhao, has reignited debates on the longstanding discussion about Bitcoin's scarcity.

In a post issued earlier today, CZ emphasized Bitcoin's nature, noting that it is a deflationary asset…

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