According to data from Glassnode, more than half of Bitcoin's circulating supply has been inactive in the last two years, with 29% of Bitcoin's circulating supply not being moved in the last five years. This amounts to over 5.6 million BTC, worth around $158 billion. Crypto influencer Anthony Pompliano highlighted these metrics, stating that these Bitcoin could potentially be lost or in the hands of "the most disciplined investors in the world." Some community members believe that those holding the inactive Bitcoin bought when BTC was at an all-time high and are waiting for the right time to sell. The keyword "Bitcoin" recently topped the list of most popular search terms in the United States, surpassing other trending keywords such as former U.S. president Donald Trump and American singer Elvis Presley. This follows the announcement by the United States Federal Reserve confirming the launch of the FedNow payments system in July.

(By EZRA REGUERRA)