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BTC to Cross $100K After 2024 Halving: Global Liquidity Chart


by CoinEdition

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BTC to Cross $100K After 2024 Halving: Global Liquidity Chart
  • The M2 money stock of the top ten largest economies nears $100 trillion.
  • Bitcoin’s price is expected to surpass $100k after the fourth halving cycle in April.
  • BTC crossed the $29K price point this week after trading in the red.

Recently, the Bitcoin Strategy Platform, a leading provider of tools and resources for Bitcoin (BTC) traders, announced the addition of a dedicated macro section to provide users with live access to the Global Liquidity chart.

The chart combines the M2 money stock of the top ten largest economies to deliver a comprehensive view of the amount and flow of fiat currency in the global economy. It is also an essential tool for BTC traders because it provides a macro perspective on the Bitcoin market.

According to the chart the platform shared with the crypto community on Thursday, the M2 money stock of the top ten largest economies, including Great Britain and the EU, is nearly above $100 trillion.

Source: Bitcoin Strategy Platform

While the above chart illustrates that the amount of fiat currencies in circulation is increasing, putting downward pressure on their value, it depicts a positive outlook for Bitcoin, a deflationary …

The post BTC to Cross $100K After 2024 Halving: Global Liquidity Chart appeared first on Coin Edition.

Read the article at CoinEdition

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BTC to Cross $100K After 2024 Halving: Global Liquidity Chart


by CoinEdition

Share:

BTC to Cross $100K After 2024 Halving: Global Liquidity Chart
  • The M2 money stock of the top ten largest economies nears $100 trillion.
  • Bitcoin’s price is expected to surpass $100k after the fourth halving cycle in April.
  • BTC crossed the $29K price point this week after trading in the red.

Recently, the Bitcoin Strategy Platform, a leading provider of tools and resources for Bitcoin (BTC) traders, announced the addition of a dedicated macro section to provide users with live access to the Global Liquidity chart.

The chart combines the M2 money stock of the top ten largest economies to deliver a comprehensive view of the amount and flow of fiat currency in the global economy. It is also an essential tool for BTC traders because it provides a macro perspective on the Bitcoin market.

According to the chart the platform shared with the crypto community on Thursday, the M2 money stock of the top ten largest economies, including Great Britain and the EU, is nearly above $100 trillion.

Source: Bitcoin Strategy Platform

While the above chart illustrates that the amount of fiat currencies in circulation is increasing, putting downward pressure on their value, it depicts a positive outlook for Bitcoin, a deflationary …

The post BTC to Cross $100K After 2024 Halving: Global Liquidity Chart appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 87.19K

+0.29%

Share:

In This News

Coins

$ 87.19K

+0.29%

Share:

Read More

Stunning Crypto Predictions: Bitwise’s 10 Forecasts That Could Define 2026

Stunning Crypto Predictions: Bitwise’s 10 Forecasts That Could Define 2026

BitcoinWorld Stunning Crypto Predictions: Bitwise’s 10 Forecasts That Could Define 2...
Crucial Bitcoin Long-Term Holder Supply Hits 8-Month Low: What’s Next for BTC Price?

Crucial Bitcoin Long-Term Holder Supply Hits 8-Month Low: What’s Next for BTC Price?

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