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News Explorer — Bitcoin's Fourth Halving Event Has Reduced Its Inflation Rate and Positioned It Below Gold

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Apr 24, 5:46 pm
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Bitcoin's Fourth Halving Event Has Reduced Its Inflation Rate and Positioned It Below Gold

Bitcoin's fourth halving event has resulted in a collapse of its supply inflation rate, with each block now producing half the number of new BTC. This places Bitcoin's supply issuance rate below that of gold, making it more advantageous as a modern-day medium of exchange. However, some analysts believe that the halving is irrelevant in terms of Bitcoin's price movements, as the number of coins taken off the market is minimal compared to the number of existing coins traded daily.

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