US money supply hits record $23.34 trillion while Bitcoin's price declined
Original headlineABD para arzı 23,34 trilyon dolarla rekor kırarken Bitcoin’in fiyatı geriledi
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US M2 money supply climbed to a record $23.34 trillion in August, marking its fastest growth since May 2022, yet Bitcoin fell even as liquidity expanded. The divergence challenges the view of Bitcoin as an inflation hedge and suggests traders are weighing other drivers over monetary expansion. Market participants will watch whether the historical link between M2 growth and Bitcoin price reasserts itself in the coming months.
Muhabbit's AI wrote this summary in its own words from BTC Haber's report and translated it from Turkish. It can get details wrong, so check the source.
Named in this story
Bitcoin (BTC), US M2 money supply
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