Global M2 Growth Could Boost Bitcoin By 2026

According to PANews, Real Vision's chief cryptocurrency analyst, Jamie Coutts, has highlighted significant developments in the global monetary supply and its impact on Bitcoin (BTC) and other assets over the past two years. Approximately $1.1 trillion has been directed into Bitcoin and similar assets during this period. This influx coincided with a notable shift in the M2 money supply, which includes cash, checking account balances, savings deposits, and money market mutual funds. In the fourth quarter of 2022, the M2 money supply reached a low of $94 trillion before surging to $105 trillion. This increase has been a catalyst for Bitcoin's substantial growth, with its market capitalization expanding fivefold, adding $1.5 trillion in value. Coutts anticipates that by the end of 2026, the global M2 money supply will reach approximately $118 trillion. This projected growth in M2 could further support the rise of Bitcoin, potentially driving its value higher in the coming years.