Bitcoin: The New Deflationary Leader
Date: 2024-04-25 Author: Oliver Abernathy Categories: BUSINESS
Glassnode experts presented their report demonstrating Bitcoin as the most deflationary asset after the halving. It is noted that supply inflation for this asset decreased to 0.8%, which is noticeably lower than that of gold.
Decrease Inflation
The decline in Bitcoin supply inflation after the fourth halving was significant. The figure was 0.8%, which is low compared to gold. This phenomenon occurred due to a reduction in coin issue.
Glassnode experts clearly call Bitcoin the most deflationary asset in the world. Even compared to other investment classes such as gold, Bitcoin has demonstrated unprecedented resilience.
Future Prospects
Given the current trend, which indicates a reduction in Bitcoin inflation, the prospects for this asset seem more than encouraging. While gold's inflation may fluctuate, Bitcoin continues to demonstrate its deflationary nature.
Experts have concluded that subsequent halvings will have less and less impact on Bitcoin inflation. This is due to the development of the ecosystem and increased market activity, which makes Bitcoin an even more attractive asset for investors.
