Global Liquidity Hits All Time High, Bitcoin To Follow?

According to data from Bitcoin Magazine Pro, the global money supply, also known as global liquidity, has hit an all-time high of $95 trillion; Bitcoin investors and analysts closely watch this key indicator, as higher liquidity has historically preceded major bull runs.

Global liquidity is the total amount of money circulating in the global financial system. It encompasses the M2 money supply of major economies like the U.S., China, EU, Japan, etc. M2 includes cash, bank deposits, money market mutual funds, and other near-money assets.

This figure recently hit $95 trillion, approaching the $100 trillion milestone. The previous all-time high was around $95 trillion, as well, when Bitcoin…

Read more on BitcoinMagazine

77.2K Reads