Bitcoin Stumbles Down The Ranks As A Global Base Money
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Changes in bitcoin’s ranking as a global base money is to be expected as the price changes. A major price jump will make bitcoin the world’s largest base money. The below is a direct excerpt of…
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A recent analysis comparing Bitcoin’s price movement and the Global M2 money supply has added another data point to the growing argument for a bullish phase ahead for the cryptocurrency. Colin, a crypto analyst known on social media platform X as “The M2 Guy,” recently shared an update suggesting that…
On Sept. 25, the founder of Lyn Alden Investment Strategy announced that her recently commissioned research paper has measured global money creation relative to other asset classes. Alden’s paper revealed that bitcoin moves in the direction of global money supply (M2) 83% of the time and more than other assets.…