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Analysis: In the past two years, the global increase in money supply has been 110 trillion US dollars, with assets such as Bitcoin absorbing 10%

Analysis: In the past two years, the global increase in money supply has been 110 trillion US dollars, with assets such as Bitcoin absorbing 10%

Bitget2024/11/30 01:44
BTC-0.98%

Jamie Coutts, Chief Crypto Analyst at Real Vision, pointed out that the global increase in M2 money supply over the past two years has reached 110 trillion US dollars, with 10% flowing into assets such as Bitcoin. Since the fourth quarter of 2022 when M2 bottomed out at 94 trillion US dollars, it has increased to 105 trillion US dollars. The market value of Bitcoin has grown fivefold, increasing by 1.5 trillion US dollars. Coutts predicts that by the end of 2026, global M2 will reach 118 trillion US dollars and Bitcoin may continue to benefit. He believes that Bitcoin's growth far exceeds traditional economic indicators and is becoming one of the choices for individuals, businesses and countries to deal with economic difficulties.

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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