Data: After US M2 hits new highs again, the narrative of Bitcoin as a "liquidity-driven asset" resurges
ChainCatcher reported, according to Bitcoin news, the latest data from the Federal Reserve shows that the seasonally adjusted broad money supply M2 in May rose to 23.05 trillion USD, surpassing the 23 trillion USD threshold for the first time and reaching a record high.
Some industry insiders believe that this increase may reflect the Federal Reserve releasing liquidity again after a tightening cycle.
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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