Current global money supply situation: Over the past decade, the global money supply has increased by at least 50 trillion USD. However, a significant decline has recently occurred, causing concern within the bitcoin investment community.

Bitcoin price surge: Bitcoin previously reached a peak of 98,884.91 USD but has dropped over 7.06% since then. At the time of writing, the M2 growth rate this year is 1.83%.

Relationship between bitcoin and M2: The correlation between bitcoin and money supply indicates that bullish markets often coincide with M2 growth. The development of the global money supply will impact traders and investors moving forward.