Analysis: After the US M2 continues to hit new highs, the narrative of Bitcoin's "liquidity-driven market" is heating up again
According to Bitcoin news, the latest data from the U.S. Federal Reserve shows that the seasonally adjusted broad money supply M2 rose to $23.05 trillion in May, surpassing the $23 trillion mark for the first time, setting a new historical high.
Some industry insiders believe that this growth may reflect the Federal Reserve's re-release of liquidity after a tightening cycle.
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