According to the analytical platform Glassnode, after the halving of the Bitcoin network, the inflation rates of the flagship crypto asset became significantly lower than the level of gold, with which Bitcoin is often compared.

Researchers note that as a result of the halving, the inflation rate of the first cryptocurrency fell to an annual level of about 0.85%, which is almost three times less than that of its historical opponent, gold, at 2.3%.

According to experts, this was facilitated by the deflationary model of Bitcoin, which provides for a reduction in the amount of remuneration of miners for the mined block. Before the halving, 900 BTC were generated daily, which corresponded to an annualized inflation rate of approximately 1.7%.

Glassnode added that the digital nature of BTC makes it a more divisible and versatile investment instrument than precious metals. And thanks to the limited emission and regular halving procedure, the supply of military technical cooperation will always be more scarce than the supply of gold. This means that, theoretically, Bitcoin will retain its consumer properties better than gold.

Earlier, Tether CEO Paolo Ardoino said that soon most fund managers will realize the potential of Bitcoin and include this asset in their investment portfolios.