Forbes: Bitcoin inflation rate after halving is 75% lower than the current US inflation rate

Bitcoin inflation after the halving is now 75% lower than current U.S. inflation and 72% lower than gold’s annual issuance. After the Bitcoin halving in April, the block reward dropped from 6.25 bitcoins to 3.125 bitcoins, which had a significant impact on the cryptocurrency’s issuance rate. Each halving event reduces the supply of new bitcoins, tightening the market supply and potentially increasing the value of the asset over time. With approximately 450 bitcoins mined per day, Bitcoin’s current inflation rate is around 0.84%, while the latest U.S. inflation data for May was 3.4%. Bitcoin’s lower inflation rate is a significant milestone, as it is now even below the lower bound of gold’s annual inflation rate, which is between 1% and 3% per year. Gold mining issuance results in a 1% increase in supply, while recycled gold is also incorporated into its inflation rate, with an inflation rate of 9% in 2023, resulting in a net increase of 3% in gold’s circulating supply. (Forbes)