๐จ๐จ #M2MoneySupply ๐จ๐จ
โ How Might the Rising Global M2 Money Supply Impact Bitcoin Prices? ๐๐ฐ๐
๐น ๐ฒ Global M2 Money Supply is Increasing! The total money supply in circulation is rising fast ๐๐ฅ, which historically aligns with Bitcoinโs bullish trends ๐๐. (๐ Source)
๐น ๐ Analyst Insights: Economist Lyn Alden ๐ found that Bitcoin follows M2 trends 83% of the time ๐, indicating a strong correlation between money printing and BTC price movement ๐น๐. (๐ Source)
๐น ๐ Bitcoinโs Current Status: BTC is trading at $88,779 ๐ฐ, down 3.06% ๐, with a daily high of $91,578 ๐ and a low of $86,015 ๐. (๐ Source)
๐น โ ๏ธ Market Sentiment: Volatility is high โก, influenced by a $1.5B crypto hack ๐, global economic shifts ๐, and political tensions ๐๏ธ. While M2 growth suggests a bullish run, external risks remain! ๐ง๐ข
๐ก Final Thought: If the M2 money supply continues to rise ๐, Bitcoin could surge in value ๐๐, but caution is advised as market risks remain! DYOR (Do Your Own Research) ๐โ !