The delicate dance between Bitcoin's spot price and the M1 money supply has long held the attention of economists and crypto enthusiasts alike. But what if this relationship is changing? What if Bitcoin's role in our financial ecosystem is evolving in ways that defy traditional models? Before May 2020, Bitcoin's growth rate lagged behind the M1 money supply, suggesting a less pronounced correlation with traditional financial markets. But something shifted in 2020, a change signified by...
Adjusting Bitcoin’s price for US liquidity reveals key indicator for bull run Adjusting Bitcoin’s price for US liquidity reveals key indicator for bull run
Bitcoin's evolving correlation with M1 money supply key to understanding its growing role in the financial system.
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
