M2 money supply in the US expanded in August, setting expectations for a continued BTC bull cycle

The US M2 broad money supply kept expanding in August, reaching a new historical ￰0￱ metric also correlates with the growth of BTC, which is often seen as an alternative to a debased ￰1￱ US M2 money supply reached a new peak at the end of August, with $22.13 trillion reported as of August ￰2￱ next reporting period is expected in a ￰3￱ M2 metric is up from $22.02T at the end of July, with a slow trend of expansion. M2 broad money kept growing, adding $1T in the past year, with gradual monthly ￰4￱ metric is watched for its potential to precede BTC rallies, based on inflows of liquidity in the US and the global economy. |