#TradersLeague Never before have there been so many dollars (and that's good for bitcoin)
Volatile assets like bitcoin, cryptocurrencies, and stocks benefit from this increase in liquidity.
The M2 money supply reached a record 21.94 trillion dollars at the end of May, surpassing the previous high of 21.72 trillion in March 2022.
This increase in liquidity drives bullish expectations for volatile financial assets such as bitcoin (BTC), cryptocurrencies, and stocks. Especially for the price of the digital currency, which has historically followed the growth of this economic metric.