In short

  • The four economists' M2 reached record highs of $103.66 billion, but Bitcoin is still trading 33% below the peak level

  • The growth under fixed exchange rates is only 4.5% because a weaker dollar increases the totals.

  • A Fed increase and 5.2% government bond yields weigh on gold and crypto

Read the original story Global money supply hits $103 billion record, so why isn't Bitcoin following? by Jakub Dziadkowiec on no.beincrypto.com