💰 Record global money supply, will crypto benefit?
The hot news is that global money supply has reached the highest level of all time: $103.66 trillion. Notably, just in August, the Fed, ECB, BoJ, and PBOC injected an additional $1 trillion, marking the 10th consecutive month of growth. This really makes me think about the flow of funds.
When there’s more money in circulation, it often flows into risk assets such as stocks, gold, and of course, Bitcoin as well. This is a fairly positive psychological signal for the crypto market in general. It suggests that the trend of monetary easing is still ongoing, even though the Fed still has many unknowns ahead. Us crypto folks all know this—when there’s more money, sentiment is definitely more optimistic, right?
In any case, this isn’t investment advice—everyone should do their own research before making any decisions.
#Tinfed #StrategyStriveAdd2305BitcoinThisWeek
The hot news is that global money supply has reached the highest level of all time: $103.66 trillion. Notably, just in August, the Fed, ECB, BoJ, and PBOC injected an additional $1 trillion, marking the 10th consecutive month of growth. This really makes me think about the flow of funds.
When there’s more money in circulation, it often flows into risk assets such as stocks, gold, and of course, Bitcoin as well. This is a fairly positive psychological signal for the crypto market in general. It suggests that the trend of monetary easing is still ongoing, even though the Fed still has many unknowns ahead. Us crypto folks all know this—when there’s more money, sentiment is definitely more optimistic, right?
In any case, this isn’t investment advice—everyone should do their own research before making any decisions.
#Tinfed #StrategyStriveAdd2305BitcoinThisWeek
