Bitcoin is depleting slowly. There are only 21 million Bitcoins that can be mined in total. Crypto influencer Anthony Pompliano tweeted that Friday, Oct 18 will see the 18th Million bitcoin mining. Only 3 million will be left to be mined before mining stops in the distant year 2140. Pomp further started a Hashtag “#3MillionLeft” to analyze market sentiment towards Bitcoin. The twitter comments say that Bitcoin prices will tend to increase. Currently, Bitcoin is trading at $7960.02.
Anthony “Pomp” Pompliano is a Co-founder & Partner at Morgan Creek Digital and also runs a column on crypto news for institutional investors.