๐ฅ The U.S. M2 Money Supply has reached a new peak
According to the latest data, U.S. M2 Money Supply has risen to a historic high of $22.45T โ meaning the amount of money in the financial system continues to expand.
What does this mean for $BTC and crypto?
๐ค When M2 increases โ overall system liquidity increases โ risky money tends to flow back into speculative assets including Bitcoin
The theory is like that, but in reality, Mr. B pump-dump has no idea where to track it ๐