Bitcoin supply just hit a milestone—over 95% of all BTC has now entered circulation. That's roughly 20 million coins out in the world, with less than 1.2 million remaining to be mined. Pretty wild when you think about it.

This isn't just a number game though. It underscores what makes Bitcoin fundamentally different: true digital scarcity baked into the protocol itself. No amount of printing can change that. As mining becomes increasingly difficult and fewer new coins enter the market each year, this scarcity mechanic becomes even more pronounced.

For traders and hodlers alike, this milestone signals we're approaching the tail end of Bitcoin's emission schedule. The halvings will keep slowing down new supply, gradually tightening the screws on availability. Whether that translates to price action is another debate, but from a supply perspective? The math is locked in.