Bitcoin price movements
More than half of Bitcoin’s price fluctuations since 2014 are influenced by global M2 liquidity cycles, as reported by VanEck. This finding highlights the significant relationship between Bitcoin’s value and the broader economic environment. M2 liquidity, which includes cash and easily convertible near-money, plays a crucial role in shaping market dynamics. The analysis suggests that as global liquidity changes, so too does the price of Bitcoin, indicating that investors may respond to shifts in monetary policy and economic conditions. Understanding this correlation could provide insights for traders and investors navigating the cryptocurrency market.
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