The global M2 money supply in major economies has hit a record high of 95.116 trillion USD, providing ample short-term liquidity that benefits Bitcoin’s price stability.
Institutional interest in Bitcoin continues to grow, with ETF holdings surpassing 1.3 million and MicroStrategy increasing their Bitcoin holdings by 430 BTC, indicating strong demand.
Key economic data, including revised US second-quarter GDP figures and the core PCE inflation report, will be closely monitored as they could influence market pricing and interest rate expectations.
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