**In-Depth | US Dollar Supply Starts to Overflow, Bitcoin Bullish Signal?**

The money supply in circulation, also known as M2 Money Supply in the United States, has shown an upward trend again, now reaching $21.76 trillion, an increase of $92 billion or 0.42% in April 2025, according to TradingView, Saturday (24/05).

Meanwhile, China also experienced significant growth in its money circulation. The M2 Money Supply of the Bamboo Curtain country is recorded at 326.13 trillion yuan, an increase of 5.6 trillion yuan or 1.75%.

In light of this, Swyftx analyst Pav Hundal stated that the increasing global money supply has the potential to drive investors to funnel their funds into risky assets such as Bitcoin (BTC) and other cryptocurrencies in search of profit.

Along with that, market observer Colin Talks Crypto also emphasized that Bitcoin's movements usually have a time lag after a surge in global M2. Interestingly, US M2 itself has doubled over the past decade.

“We are now entering the 20th day of the global M2 increase trend over the past three months. M2 moves first, then Bitcoin follows,” he wrote in a post on platform X.

Currently, Bitcoin is trading at $108,866, experiencing a surge of 5.73% in a week. However, Bitcoin has dropped 2.78% from its all-time high of $111,970 on May 23, 2025.

Disclaimer Alert. Not Financial Advice (NFA). Do Your Own Research (DYOR).

-# Image Source: Bloomberg