#BTCRebound The breakthrough of Bitcoin above $87,000 is due to the increase in global liquidity associated with the expansion of the money supply and the revival of institutional interest, emphasized by signals from [Strategy] regarding further accumulation of their assets and a reduction in available supply," commented Dominic John, an analyst at Kronos Research, for The Block.
According to MacroMicro, the combined M2 aggregate of the four largest central banks (USA, Japan, EU, and China) has been steadily increasing since December 2024 and reached $90.2 trillion in February.