Bitcoin Surges as Global M2 Liquidity Soars to Record Levels

The improvement of liquidity conditions by central banks opens good times for the main cryptomoed

Since the beginning of April, the Bitcoin has been engaged in a solid upward impulse. Can this movement last throughout the spring and until the summer? The answer may well be yes, provided that a factor often overlooked but fundamental continues: the unprecedented rise in global liquidity, measured via the M2 aggregates. The Bitcoin article supported by the new money supply record – Vincent Ganne's analysis appeared first on Cryptoast.

Bitcoin Surges as Global M2 Liquidity Soars to Record Levels

Bitcoin’s price continues to rise alongside a sharp expansion in global M2 liquidity. Analysts expect altcoins to rally next as liquidity expansion fuels crypto market momentum. Bitcoin recently broke above $110K as macro trends support broader crypto market strength. Bitcoin is rising again, and this time it’s moving in sync with a powerful macro trend, global liquidity. On-chain analysts and macro experts say the cryptocurrency’s price action …