ANALYSIS4h ago
Bitcoin'S Real Hard Cap Is "17m And Shrinking"
@BinanceResearch, the research wing of @Binance, believes that the market is "overpricing" the total supply of $BTC.
It points out that Bitcoin's nominal inflation rate is around 1.4%, but is actually -0.21% after adjusting for likely lost $BTC.
In short, the markets think there is more Bitcoin than there really is, and is therefore underpricing the asset itself.
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