Two Prime research shows that the growth period of M2 is highly correlated with the rise in BTC price
According to Wu's report, a chart produced by Two Prime indicates that the global broad money M2 growth period is closely related to the rise in BTC price, while the M2 decline period corresponds to a price decrease.
Research has found that the Pearson correlation coefficient of these two datasets is 0.854, showing a very high correlation.
The three main contributors to M2 liquidity include US dollar liquidity, People's Bank of China liquidity, and bond volatility.
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