Bitcoin Faces a New Liquidity Test as US Money Supply Hits Record $23.34 Trillion
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3 Articles
Global Money Supply Hits Record $103.66 Trillion
The post Global Money Supply Hits Record $103.66 Trillion appeared first on Coinpedia Fintech News Global money supply has hit an all-time high of $103.66 trillion, with the Fed, ECB, Bank of Japan and PBOC alone adding $1 trillion in August, marking the 10th consecutive monthly increase. More money in circulation typically flows into assets like stocks, gold and Bitcoin. Separately, Iran’s oil exports have collapsed from roughly 2 million …
Bitcoin Faces a New Liquidity Test as US Money Supply Hits Record $23.34 Trillion
Key Takeaways US M2 money supply rose $124.9 billion in August to a record $23.34 trillion, up about 5.7% year over year. A growing money supply could support demand for Bitcoin if investors move more capital into risk assets, but M2 growth alone does not guarantee a rally. The Federal…
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