Why Bitcoin’s Limited Supply Is Key to the Current Surge? https://cryptodaily.blob.core.windows.net/space/news-in-crypto/sizes/790/aySRTb8YtZYtl0wFafJ0Iz9oDXIngn7jfSvJeEtg.webp
This scarcity, coupled with increasing demand, has significantly impacted the price of Bitcoin, leading to new all-time highs in US dollar terms. The surge in demand for Bitcoin, particularly through investment vehicles like ETFs, has outpaced the new coins being provided by the network, resulting in a substantial increase in Bitcoin's price.