$BTC

The cryptocurrency market is declining, but an expert suggests that the end of quantitative tightening and an increase in M2 supply could stimulate recovery.

Bitcoin has dropped by 3.2% in the past 24 hours, causing a decline in the cryptocurrency market and triggering a liquidation of $1.15 billion.

Despite the drop, Han Shu from HashKey predicted that the bull market in cryptocurrencies may enter a new mid-stage instead of coming to an end.

Han shared that the end of quantitative tightening and the increase in M2 supply could bolster Bitcoin's growth.