Satoshi Nakamoto's statement on Bitcoin scarcity resurfaces during market sell-off, highlighting limited supply.

From Investing.com

December 10, 2024 11:30 AM:

Satoshi Nakamoto’s statement on Bitcoin scarcity resurfaces amidst market sell-off, emphasizing limited supply of 21 million coins. The statement, made 15 years ago when Bitcoin was worth $0, highlights economic implications of fixed supply, contrasting with unlimited fiat printing. Bitcoin price dips to $94,220, leading to $1.57 billion liquidation. Institutional investors respond aggressively to market sell-off, buying on exchanges like Coinbase amid panic-selling. Nakamoto’s early statements on scarcity and value remain relevant in current market conditions.

Read more at Investing.com: Satoshi Nakamoto’s Bitcoin Statement Echoes 15 Years Later Amid Market Sell-off By U.Today