Bitcoin Magazine Bitcoin Price Jumps Near $94,000 After Sub-$90,000 Dip

Bitcoin price briefly dipped below $90,000 overnight on Tuesday, its lowest level since April 22, before recovering to trade above $93,500 this morning.

Currently, the Bitcoin price is trading at $93,794, semi-unchanged in the past 24 hours, with a $124 billion trading volume. It sits 1% below its 7-day high of $94,212 and 5% above its 7-day low of $89,188, with a market cap of $1.86 trillion, according to Bitcoin Magazine Pro data.

Over 19.95 million BTC have now been mined, exceeding 95% of the 21 million maximum supply, and new coins are issued through mining, which slows over time due to halving events every four years. The final fractions of Bitcoin are expected to be mined around 2140, completing its fixed sup

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