Next year’s Bitcoin halving will push inflation rates down to 1.8%144

With less than 313 days to go until the next Bitcoin halving, traders and investors are expecting a “supply shock” as the network’s supply of coins reduces in half. Next May’s halving will not only cut the inflation rate down to 1.8 percent but also skyrocket the global demand for Bitcoin.

Bitcoin’s astronomical rise this year has been powered by many different factors, with most of the community unable to agree on what exactly propelled the coin to break through the $13,000 barrier earlier this week.

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