PANews reported on November 30 that according to Dailyhodl, Jamie Coutts, chief cryptocurrency analyst at Real Vision, said that in the past two years, about $1.1 trillion of the global money supply has been invested in Bitcoin (BTC) and other assets. After the M2 money supply (a measure of cash and checking account balances plus savings deposits and money market mutual funds combined) bottomed out at $94 trillion in the fourth quarter of 2022 and then soared to $105 trillion, the king of cryptocurrencies began to flourish, with Bitcoin's market value increasing fivefold, an increase of $1.5 trillion. Coutt predicts that by the end of 2026, global M2 will be about $118 trillion, which could help drive BTC's growth.
Analysis: In the past two years, about $1.1 trillion of new money has flowed into Bitcoin and other assets worldwide
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Author: PA一线
This content is for informational purposes only and does not constitute investment advice.
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