Analyst: The M2 money supply is close to its historical peak, which is a bullish signal for cryptocurrencies

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Bitget2025/01/29 13:20

Golden Finance reports that CoinDesk senior analyst James Van Straten has written an article stating that in December 2024, the M2 money supply continues to increase and is currently approaching a historical high of $22 trillion. The continuous growth of the M2 money supply is a bullish indicator for risk assets because it means more liquidity is entering the system, and this liquidity usually appears first in risk assets.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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