The US M2 broad money supply kept expanding in August, reaching a new historical high. The metric also correlates with the growth of BTC, which is often seen as an alternative to a debased currency.

Money Supply helps show how tight or loose current monetary conditions are, regardless of what the Fed is doing with interest rates. Seasonally Adjusted Money Supply has been growing on a consistent ...

Each round of quantitative easing results in a surge of the M2 money supply that is outstripping growth in the economy. The Fed has failed in its attempt at mopping up the excess M2 after two rounds ...

Global M2 tracks system liquidity. Its expansion or contraction often signals bullish or bearish conditions for crypto markets.