VanStraten: M2 money supply nears all-time high, bullish sign for crypto
Bitget2025/01/29 12:02
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.
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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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