Bitcoin's fixed supply and transparent issuance schedule underscore the dollar's value erosion due to prolonged inflation exceeding the Federal Reserve's 2% target. Despite Bitcoin's price halving to $63,000 since last October, its role as an inflation hedge remains strong. Recent inflows of over $200 million into BlackRock's IBIT ETF signal potential recovery, contingent on sustained demand. While Bitcoin serves as a neutral measure of fiat currency debasement, similar trends are observable when pricing assets in gold or major stock indices. The ongoing appeal of Bitcoin as a hedge against inflation is evident, though its near-term price recovery hinges on continued institutional interest.