TechFlow, June 4 — According to Coindesk, Sygnum Bank stated that over the past 18 months, the circulating supply of bitcoin has decreased by approximately 30%, and this tightening liquidity could lead to upward price volatility in the coming months.
Analysts pointed out that bitcoin's liquid supply is becoming severely constrained, while demand trends remain strong, laying the foundation for price increases. Since the end of 2023, more than one million bitcoins have been withdrawn from exchanges, primarily driven by ETFs and corporate treasuries.
Meanwhile, turmoil in the U.S. Treasury market and a weakening dollar are reinforcing bitcoin's role as a safe-haven asset.
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