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Bitcoin Supply Reaches 19.8 Million Mark, Nearing Maximum Limit

The total circulating supply of Bitcoin has surpassed 19.8 million, bringing it closer to its maximum supply cap of 21 million. This highlights the approaching conclusion of Bitcoin's supply issuance, which is projected to occur in 2140. The majority of Bitcoin is held by individual holders, institutional investors, and governments, with long-term holders signaling strong belief in its value. Bitcoin's unique supply dynamic, with mining rewards halving every four years, has led to comparisons with precious metals like gold. The scarcity of Bitcoin has sparked debates about its sustainability and its role in the global financial system.

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