On Monday morning, exactly one and a half years after the last Bitcoin halving, Bitcoin reaches a significant milestone: 90 percent of the maximum total supply has been mined. Bitcoin has a fixed cap of 21 million coins, set by its anonymous creator Satoshi Nakamoto.

Recent data from Blockchain.com shows that bitcoin supply in circulation reached 18.899 million on Monday. This means that only 10 per cent of the total supply can still be mined. The fixed cap for Bitcoin is very important for its value proposition as a currency and investment vehicle.