Bitcoin Supply Surpasses 20 Million as Price Remains Rangebound
More than 20.07 million Bitcoins have been mined since August 2026, leaving only about 4.4% of the total supply available to buyers.
CZ estimates that between 10% and 20% of existing Bitcoin may be lost or unrecoverable, which would further reduce the usable supply.
The price of Bitcoin remains around $63,000, with a potential range of $58,000 to $67,000 in August according to crypto market influencer Tanaka.
Tanaka sees sideways movement as the most likely path for BTC, but notes that stronger ETF inflows and a better economic backdrop could support a break above $67,000.