Bitcoin Issuance Rate

Definition ∞ Bitcoin Issuance Rate measures the speed at which new bitcoins are generated and introduced into circulation. This rate is algorithmically controlled by the Bitcoin protocol, decreasing by half approximately every four years through a process called halving. The predictable reduction in new supply contributes significantly to Bitcoin’s economic model of programmed scarcity. It directly influences the asset’s supply-side dynamics, a critical factor for market analysts.
Context ∞ The Bitcoin Issuance Rate is a central feature of its monetary policy, making it a key metric closely observed in cryptocurrency news. Discussions often center on how upcoming halving events impact market sentiment and price expectations. Understanding this fixed supply schedule is essential for evaluating Bitcoin’s long-term value proposition and its role in digital asset portfolios.