Market and tokenomics
BTC market cap and supply
Current offer and market indicators are loaded separately from the trading chart.
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How to read the supply: “in circulation” — coins available to the market; “total minted” — current total supply; “maximum supply” — hard cap only where it is defined by the protocol or specified by the data provider.
Market capitalization, supply and reference-market metrics are loaded separately from the trading chart and are informational. The chart above uses broker Bid/Ask and execution through the cTrader Open API; the aggregator reference price below is not an execution quote.
Protocol, issuance and halving
Bitcoin is issued according to a predetermined curve: new BTC are created as part of the miners' reward, and roughly every four years the subsidy is halved. Therefore, for Bitcoin it makes sense to separately monitor the circulating supply, the remaining amount up to 21 million, and the halving cycle.
What is this asset
Native asset of the Bitcoin network. Transfer and storage of a scarce digital asset; maximum supply is limited by the protocol.
What influences the price
- Global liquidity, risk appetite and Bitcoin dynamics.
- Network usage, fees, developer and user activity.
- Coin supply, unlocks, staking and large flows.
- Regulation, listings, security and technical updates.
Key risks
High volatility, fees and network delays, regulation, key storage, and market cycles.
cTrader execution and the underlying crypto asset are not the same thing
The chart above uses the instrument supplied by the connected cTrader broker. Depending on the broker, this may be a CFD or another derivative rather than on-chain ownership of the coin. Before trading, check the contract specification, leverage, financing or swap, minimum volume and trading hours.