Bitcoin Hits 17% of Money Supply Amid Fed Cut
Bitcoin‘s global money supply has actually reached 1.7% of worldwide money supply right now, and this marks a pretty significant milestone for the digital asset. This achievement comes as Fed rate cut impact drives both institutional and also retail interest toward cryptocurrency market alternatives. The timing coincides with Bitcoin adoption growth reaching unprecedented levels, while crypto investment volatility remains a key concern for market participants at the time of writing. Bitcoin market cap vs global money supply comparison chart – Source: Bitcoincounterflow Bitcoin Surges Amid Fed Rate Cut And Rising Market Risks And Adoption Source: The Texas Observer River’s Analysis shows Bitcoin global money supply representation at 1.7% against $138 trillion in combined fiat currencies and hard money assets. Bitcoin’s current market cap of $2.4 trillion is being weighed against $112.9 trillion in fiat currencies along with $25.1 trillion in hard money assets lik...