# scarcity

A surge in Bitcoin purchases by institutional investors, coupled with growing treasury allocations, signals a potential shift in market control and underscores the asset's perceived value as a balance sheet reserve. This accumulation is occurring alongside a backdrop of global fiat expansion, further reinforcing the scarcity narrative and driving demand.

Today's crypto market discussions underscore mounting tension between bullish momentum and regulatory scrutiny. With Bitcoin's effective supply shrinking due to lost coins and Ethereum witnessing renewed institutional activity, volatility and speculation are escalating. The sector faces both heightened optimism and risk as new enforcement measures target global exchanges and token issuers.