VanStraten: M2 money supply nears all-time high, bullish sign for crypto
James Van Straten, senior analyst at CoinDesk, wrote that in December 2024, the M2 money supply continued to increase and is now close to its all-time high of $22 trillion.
The continued growth in the M2 money supply is a bullish indicator for risky assets because it means more liquidity is entering the system, and this liquidity usually appears first in risky 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.
You may also like
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish

The Crypto Fear Index rises to 28, escaping the "Extreme Fear" zone
Analyst: The current macro environment is similar to the pandemic period, and bitcoin still has room to rise