Global M2 supply at record $55.48 trillion may fuel Bitcoin demand
US dollar’s steep H1 decline boosts crypto appeal
Analysts speculate Bitcoin could surge to $170K
Global M2 supply, a key measure of the money circulating in the economy, has hit a record high of $55.48 trillion. This massive liquidity injection comes from continued money printing by central banks. When more fiat money floods the system, its value tends to drop, and investors often look to assets with limited supply—like Bitcoin—as a hedge against inflation and monetary debasement.
US Dollar’s Worst H1 Since 1973
The US dollar has recorded its worst first-half performance since 1973, signaling trouble in traditional currency markets. A weak dollar typically benefits alternative assets, especially cryptocurrencies. Bitcoin, often referred to as digital gold, becomes more attractive as a store of value when confidence in fiat erodes.
Can Bitcoin Really Reach $170K?
Several crypto analysts now see a path to $170,000 Bitcoin in the coming year. The combination of record-high global liquidity and a weakening US dollar sets the stage for a strong BTC rally. Historically, Bitcoin has surged during periods of rapid money supply growth and inflation fears. With increasing institutional interest and public adoption, this bullish prediction doesn’t seem far-fetched.
BULLISH: Bitcoin could hit $170K as global M2 supply reaches a record $55.48T and the US dollar posts its worst H1 since 1973. pic.twitter.com/79mH6xzcgA
— Cointelegraph (@Cointelegraph) July 3, 2025
Risks to Consider
While the setup appears favorable, there are potential roadblocks:
Regulatory changes could impact crypto markets
Economic or geopolitical instability might shift investor priorities
Still, Bitcoin’s fixed supply and decentralized nature make it a compelling hedge for many in uncertain times.
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