US EditionBitcoin Gets 'Bigger' The More Money Central Banks Print, Says Popular Crypto Analyst: 'It's A Beautiful Thing'
UNITED STATES, JUL 2 – The M2 money supply rose 4.5% year-over-year to $21.94 trillion, driven by post-pandemic stimulus and quantitative easing, raising inflation and Federal Reserve policy concerns.
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9 Articles
Bitcoin Gets 'Bigger' The More Money Central Banks Print, Says Popular Crypto Analyst: 'It's A Beautiful Thing'
Bitcoin (CRYPTO: BTC) purist Willy Woo tied the leading cryptocurrency’s growth with global liquidity on Wednesday, stating that the more money printed, the larger it will become.
Bitcoin (BTC) Price News: U.S. M2 Money Supply Hits Record High of Nearly $22T. Is It Bullish for BTC or Inflation?
A comprehensive measure of money circulation in the U.S. has risen to new highs, a signal of economic growth that posts contradictory messages for the path of bitcoin (BTC).The M2 money supply, which includes hard currency and bank and money market mutual fund deposits that are relatively liquid, rose to a record $21.94 trillion at the end of May, topping the previous peak of $21.72 trillion in March 2022, according to data source barchart.com. …
Bitcoin Outlook: Unpacking The Perilous Impact Of Record U.S. Money Supply
BitcoinWorld Bitcoin Outlook: Unpacking the Perilous Impact of Record U.S. Money Supply The financial world is abuzz, and for good reason. The U.S. M2 money supply recently soared to an unprecedented $21.94 trillion in May, a figure that on the surface might signal robust economic growth. Yet, for the dynamic world of cryptocurrencies, particularly the Bitcoin outlook, this record surge introduces a complex web of signals. Are we witnessing the …
The US economy has marked a new monetary milestone: the M2 monetary supply has reached a historic record of $21.94 billion, with an annual growth of 4.5%, the highest in three years. This massive increase in liquidity in the financial system has sparked alarms — and hopes — among cryptocurrency investors, who wonder if we are on the verge of a new crypto rally, driven by excess money in circulation. The cryptocurrency market, led by Bitcoin, obs…
Weakening dollar and M2 influx set stage for possible Bitcoin surge in H2 - Coin Surges
The United States has reached a new milestone in money circulation, with the M2 money supply climbing to an all-time high. M2, a key measure that includes cash, checking accounts, savings, and money market deposits, hit $21.94 trillion by the end of May. Year over year, M2 has grown by 4.5%. US M2 Money Chart (Source: X/The Kobeissi Letter) According to analysts from The Kobeissi Letter, this marks the 19th consecutive monthly increase and surpa…
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