Forbes: Bitcoin inflation rate after halving is 75% lower than the current US inflation rate
It was reported that the inflation rate of Bitcoin after halving is now 75% lower than the current inflation rate in the United States, and 72% lower than the annual issuance of gold. After the Bitcoin halving in April, the block reward was reduced from 6.25 BTC to 3.125 BTC, which had a significant impact on the issuance rate of cryptocurrency. Each halving event reduces the supply of new Bitcoin, tightens the market supply, and may increase asset value over time. Currently, about 450 BTC are mined every day, and the current inflation rate of Bitcoin is about 0.84%, while the latest inflation data in the United States in May is 3.4%. The decrease in the inflation rate of Bitcoin is an important milestone, as it is now even lower than the lower limit of the annual inflation rate of gold, which is between 1% and 3% per year. The issuance of gold mining leads to a 1% increase in supply, and recycled gold is also included in its inflation rate, resulting in a net increase in the circulation supply of gold by 3% in 2023.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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