💰 Bitcoin $BTC is a serious rival to gold 🪙
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Bitcoin’s market capitalization is currently at 8.4%, quickly approaching 10% of gold.
Bitcoin is currently valued at $1.4tr compared to gold’s $16tr market cap.
A key distinction between $BTC and gold is their supply dynamics:
🟠BTC’s supply is fixed, with 94% of its total 21m coins already mined, translating to a circulating supply of 19.7m.
🟠Gold’s supply continues to grow and is projected to reach 250,000 tonnes by 2030.
That's right, bitcoin is our digital gold 😏
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