U.S. M2 Money Supply Reaches Record High

Source
Son Min

Summary

  • It reported that the U.S. M2 money supply reached 22.12 trillion dollars, marking an all-time high.
  • Whale Insider said the M2 money supply figure is the highest on record.
  • It said the expansion of the money supply could affect increased demand for Bitcoin (BTC).

The U.S. M2 (broad money supply including cash and deposits) has been reported to have reached an all-time high.

On the 1st (local time), Whale Insider said on X (formerly Twitter), "The U.S. M2 money supply recorded 22.12 trillion dollars," stating "this is an all-time high."

The expansion of the money supply is known to affect increased demand for Bitcoin (BTC), an inflation hedge.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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