The Bitcoin inflation rate fell from 50% in 2011 to 4% in 2020 prior to the halving and now stands at 1.7%, a figure way below the U.S. Federal Reserve’s monetary inflation rate target of 2%. 

While the rate demonstrates Bitcoin’s rapid and mainstream adoption, the digital currency’s fundamentals have remained unaffected by 2022’s negative GDP growth, which is already mounting pressure on the U.S fed to reconsider its 2% inflation rate target.