Does higher m2 mean higher bitcoin price?
As a seasoned observer in the world of cryptocurrency and finance, I must inquire: Does a higher M2, referring to the measure of money supply in a country's economy, directly correlate to a higher Bitcoin price? This question arises from the intricate relationship between macroeconomic factors and the volatile nature of cryptocurrencies. Is there a clear trend indicating that an increase in M2 leads to a corresponding surge in Bitcoin's market value? Or are there other, perhaps more intricate, factors at play that influence this dynamic? Clarifying this relationship could offer valuable insights to investors and analysts alike.
Is M2 (M2) outperforming the global cryptocurrency market?
Could you please elaborate on whether M2 is indeed surpassing the global performance of the cryptocurrency market? Are there specific metrics or indicators that suggest its superiority? How does its performance compare to other leading cryptocurrencies? What are the key factors driving its potential outperformance? Is there any particular trend or pattern that we should be aware of? And finally, what are the potential risks and challenges that could affect its future performance?