After the US M2 hits a new high again, the narrative of "liquidity-driven market" for Bitcoin heats up again.

Deep Tide TechFlow news, July 4th, according to Bitcoin news, the latest data from the Federal Reserve shows that the seasonally adjusted broad money supply M2 rose to $23.05 trillion in May, breaking the $23 trillion threshold for the first time and hitting a record high. Some industry insiders believe that this increase may reflect the Fed's renewed liquidity release after a tightening cycle.

At the asset pricing level, the market is widely focused on the potential impact of liquidity on risk assets. Bitcoin and other crypto assets, due to their limited supply, are seen by some investors as a hedge against currency devaluation. The narrative of a "liquidity-driven market" is gaining traction again. Meanwhile, global central banks continue to increase their gold holdings as reserve assets, which is also regarded as an indirect hedge signal for the long-term stability of the fiat currency system. The next M2 data will be released in late July, and the market will continue to observe whether liquidity expansion persists.