The global M2 money supply has surged to a record $137 trillion, potentially setting the stage for a Bitcoin price increase, according to Criptonoticias. Analysts highlight that the rapid expansion of money supply, reminiscent of pandemic-era levels, could drive investment into scarce assets like Bitcoin. Jesse Myers from The Smarter Web Company emphasized the impact of increased liquidity on Bitcoin's value.
Analyst Doris Yau noted that liquidity typically moves into gold before transitioning to Bitcoin, with historical patterns showing Bitcoin's price rising following M2 expansion. Jack Garzón pointed out that even a small fraction of this liquidity entering Bitcoin could significantly boost its price, suggesting a potential shift in Bitcoin's market dynamics towards a more stable macroeconomic trend.
Global M2 Money Supply Reaches $137 Trillion, Potentially Boosting Bitcoin
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