Self-custody Bitcoin amount unmeasurable so far, says Santiment exec
1 min readThere is no way to measure the amount of Bitcoin (
The news comes amid Bitcoin’s market capitalization continuing to shrink, according to data from CoinGecko.
Since mid-April, Bitcoin’s market value has dropped more than 15%, amounting to $494 billion at the time of writing. As previously reported by Cointelegraph, the BTC market cap reached its highest point of $1.28 trillion in November 2021, when BTC price hit the all-time high at $68,000.