Too much request, not enough supply. There will be in everything and for everything that 21 million Bitcoin units (BTC) For the whole planet, that is to say Much less than 1 BTC available per millionaire in the world. The last report of the Sygnum Bank thus think that we head straight towards a Strong tension on the offer in BTC available, with the consequence of a possible outbreak of prices.
- The Sygnum Bank has revealed a drastic reduction in the Bitcoin offer, exacerbated by institutional adoption and the creation of negotiated funds on the stock market.
- The BTC reserves on centralized platforms have dropped, foreshadowing a potential outbreak of prices in the face of growing demand and global economic uncertainties.
The Bitcoin offer is drastically reduced on crypto-bours
The Swiss Bank Sygnum Bank published his report monthly on investment on June 4, 2025. The latter highlights a bitcoin offer in circulation which is quickly limitedcreating the conditions for possible price increases while demand continues to grow.
Sygnum analysts noted that liquid offer de Bitcoin had 30% fell in the past 18 months, mainly due to Institutional adoption and the rise of financial vehicles on the king of cryptos.
Especially for the funds negotiated on the stock market (ETF) and for companies with a Bitcoin cash strategy, as Stratum. These very large buyers caused a Bitcoins leakage From the centralized cryptocurrency reserves (Cex). Such BTC output movements from CEXs are generally considered to be bullish For the precious digital active.
“The liquid bitcoin supply which is reduced quickly creates the conditions of demand for demand, and of volatility upwards. »»
Sygnum report extract
In addition to ETFs and companies, whole states will ask for BTC: the offer will not follow!
Since the end of 2023, bitcoin sales on centralized exchanges have thus dropped by about 1 million BTC. The trend accelerates while an increasing number ofcompanies emit actions or debt to buy bitcoineven more absorbing the available offer.
At the same time, geopolitical and budgetary uncertainties, in particular around theUS dollar weakening and American debt explodingpush investors to Bitcoin, which is increasingly perceived as a refuge similar to thegold.
And although official purchases for Bitcoin’s strategic reserves in the United States do not not yet materializedthe Swiss bank said that when they start, they could be a Major catalyst for pricing.
And institutional purchase is not the only factor in play. The image of Bitcoin as a reserve actor is reinforced by the recent dynamics of the market. The Sygnum report underlined the massive sale of American treasury bills in a context of deterioration of budgetary conditions, supporting the request in BTC and gold in May. To top it all, experts from the Swiss bank have found that, in the past three years, Ridding volatility has exceeded volatility On Bitcoin, a sign of greater maturity in the market and the growing involvement of institutional.