Report: Bitcoin inflation rate already lower than gold
According to a new report from Glassnode, 900 BTC are produced every day ahead of Bitcoin’s (BTC) fourth halving event, leading to an inflation rate of 1.7%. The new number after the halving is roughly equivalent to 450 BTC per day, with an annual inflation rate of 0.85%. These metrics put the network’s supply issuance rate significantly lower than gold’s 2.3%, the historically important asset to which Bitcoin is often compared.
Release time
2024-04-24 18:05:15