Bitcoin Watch – Bitcoin milestone could be leading to price increase

Earlier this month, Bitcoin reached a new milestone with 17 million coins mined globally. This now means that only 4 million coins remain to be unearthed. Analysts believe this could be an influencer as to why the cryptocurrency has also started to increase in value in the last few weeks. Despite only 4 million coins being left for mining, the process for capturing these coins will become more and more difficult, meaning all 21 million coins wont be found for some time, adding to the theory that the value can only go up.

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