💵 A new record for the global M2 money supply has been set - this creates a strong influx of liquidity capable of driving up the price of BTC.
Why this is important:
⏺ Global M2 growth is closely correlated with BTC growth (up to 0.9)
⏺ Institutions are strengthening the upward trend through ETFs.
Why this is important:
⏺ Global M2 growth is closely correlated with BTC growth (up to 0.9)
⏺ Institutions are strengthening the upward trend through ETFs.
