Bitcoin's Fourth Halving Event Leads to BTC Surpassing Gold in Issuance Scarcity, According to Glassnode
Wednesday, 24 April 2024, 11:58
Bitcoin Halving Event: BTC Now More Scarce Than Gold
Bitcoin's recent fourth halving event has led to BTC surpassing Gold in terms of issuance scarcity, according to Glassnode analysts. This milestone indicates a significant shift in the scarcity levels between the two assets, with Bitcoin emerging as the more valuable and scarce asset.
Key Points:
- Decisive Surpassing: Bitcoin has decisively surpassed Gold in issuance scarcity post-halving.
- Market Impact: The comparison highlights Bitcoin's growing value and appeal compared to traditional assets.
- Significant Milestone: The shift in issuance rates signifies a notable development in the cryptocurrency industry.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.