November 8, 2024

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Self-custody Bitcoin amount unmeasurable so far, says Santiment exec

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Self-custody Bitcoin amount unmeasurable so far, says Santiment exec

There 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.