Why Bitcoin Is Struggling to Cross $100K: Insights on Money Supply Trends

BitcoincomNews

2024-11-28 23:33:49

WHY4,27%

BTC4,05%

OVER-14,5%

Over the past decade, the global money supply has surged by at least $50 trillion. The crypto market, especially Bitcoin, has benefited immensely from this rise, as BTC is generally considered as a hedge against inflation. Recently, the global money supply has seen a sharp drop. Meanwhile, Bitcoin is struggling to achieve the milestone of $100K.

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