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