Bitcoin has been under intense scrutiny due to speculation of a possible drop in BTC price to R$ 52 thousand. Currently, Bitcoin holds a market cap of R$ 6.93 trillion, representing an increase of 0.75%. With a 24-hour trading volume that has increased by an impressive 110.87% to R$ 187.9 billion, investors continue to move large amounts of BTC, indicating that there is strong liquidity in the market.
The daily volume to market cap ratio is 2.71%, showing that a significant portion of the market cap is being exchanged daily. The circulating supply is at 19.76 million BTC, representing 94.09% of the total predicted supply, with the maximum supply being 21 million BTC. The fully diluted market capitalization, considering the maximum supply, is estimated at R$$ 7.37 trillion.
These numbers are essential to understand the current speculation scenario. The high liquidity and volume indicate that the market is still active, but the large movement could signal selling pressure, reinforcing the thesis of a possible correction in the price of BTC. Although the drop to R$$ 52 thousand is just speculation, the data suggests that the market is at a point of volatility that could favor this direction.
