News #Bitcoin

The current 929,465 BTC left to mine are not the same as the coins available to buy. Some already mined Bitcoin is likely gone forever because private keys were lost, devices failed or owners made irreversible mistakes.

Bitcoin was trading around $62,900, down from overnight highs around $65,300 on July 31. In another snapshot it was trading around $62,500 after losing more than 14.5% since the start of the week.

Bitcoin staged a sharp intraday turnaround, climbing from under $63,000 to peak at $64,913 before stabilizing around $64,500. This 4.2% gain pushed the total crypto market capitalization past $2.3 trillion.

Crypto transactions are shifting from informal workarounds into the same payment channels people already use daily.