Reaching a historic $95.6 trillion, the worldwide M2 money supply indicates more liquidity in the financial system. Money printing continues to soar in the United States, therefore generating questions of asset bubbles and inflation. #bitcoin dominance, on the other hand, is declining about 60%, therefore allowing altcoins like #Ethereum more opportunity to flourish. Eric Trump's support of an $8,000+ ETH pricing forecast boosts the bullish attitude. Rising liquidity, declining BTC dominance, and strong endorsements combined might pave the way for the next large crypto pump. As the market gets ready for a potential breakout, traders are carefully observing.
