CryptoTitan
Tue Jul 16 2024
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5 answers
841
Is the M2 money supply turning positive a bullish signal for bitcoin?
In the current economic landscape, the M2 money supply has recently turned positive, sparking speculation among investors and analysts. Could this be a bullish signal for the king of cryptocurrencies, Bitcoin? On the surface, an increase in the M2 money supply suggests that more liquidity is entering the economy, potentially fueling demand for alternative investments like Bitcoin. However, the crypto market is notoriously volatile and influenced by a myriad of factors. So, is the M2 money supply actually a reliable indicator of Bitcoin's future trajectory? Let's delve deeper into this intriguing question.
