Global Money Supply Surges to Record $142 Trillion, Influencing Bitcoin and Crypto Markets
Global Money Supply Surges to Record $142 Trillion, Influencing Bitcoin and Crypto Markets
The global broad money supply has reached an unprecedented $142 trillion, marking a 6.7% year-on-year increase by September. This significant liquidity expansion, primarily driven by China, the EU, and the U.S., is a key focus for macro investors and is anticipated to have positive implications for Bitcoin and the broader cryptocurrency market.
Record Global Liquidity and its Crypto Implications
Global financial markets are closely monitoring liquidity as the broad money supply hits an all-time high of $142 trillion. This surge represents a 6.7% year-on-year increase as of September, with major economies including China, the European Union, and the United States leading this significant expansion. Macro investors are particularly attentive to this 'monetary firehose,' recognizing its potential influence on risk assets. This unprecedented liquidity expansion is a crucial factor for understanding the current and future trends for Bitcoin and the wider crypto market, suggesting a potentially bullish environment for scarce assets.