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International Business Times
International Business Times
Business
Nica Osorio

Bitcoin Hits New Milestone As Nearly 84% Of BTC's Circulating Supply Is In Profit

Bitcoin Glassnode Crypto SEC
Bitcoin standing on edge amongst other scattered bitcoins. (Credit: QuoteInspector.com/flickr)

KEY POINTS

  • The latest BTC surge saw more than 16.366 million BTC or 83.6% of its circulating supply in profit
  • It is its highest level since November 2021: Glassnode
  • BTC was trading in the green zone at $37,722.93 on Sunday morning

Bitcoin has reached a new milestone as nearly 84% of its total circulating supply is currently in profit, a feat it has not seen since November 2021.

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