BTC vs Global M2: A Quiet Shift


Bitcoin is showing a persistent divergence from global M2 money supply.
➡️ Historic correlation: ~84%
➡️ Since mid-2025: correlation weakening
➡️ Money supply is rising, but liquidity access remains tight (higher rates, tighter credit)
Liquidity isn’t just about how much money exists—it’s about how easily it flows. Until financial conditions ease, BTC may not fully track M2 like it used to.
BTC-2.08%
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