🧭 **Global Money Supply Reaches US$115 Trillion, Why is the Market Still Red?**
Despite the global money supply (M2 Global Supply) hitting a record high of US$115.9 trillion, the crypto market has not followed suit. Typically, an increase in global liquidity drives risky assets like crypto up, but this time the effect has been muted.
💡 Main Causes:
🎯 Global monetary policy is not synchronized — even though central banks are lowering interest rates, the Fed (United States) remains dominant and influences the direction of global money.
🎯 Actions by the U.S. Treasury are disrupting the flow of money (M2 liquidity) that should boost asset markets.
🎯 Geopolitical tensions — particularly Donald Trump's policies regarding China tariffs, create economic uncertainty referred to as the “Black Swan” phenomenon (unexpected events with significant impact).
📉 Impact on the Crypto Market:
Crypto market capitalization has dropped to US$3.58 trillion.
$BTC down about 15% from its last peak.
This means that, although fiat money is circulating more, there has not been a significant influx into crypto due to policy factors and global economic uncertainty.

