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M2 Money Supply's Impact on Cryptocurrency Cycles
According to CryptoMichNL, the M2 money supply has played a significant role in cryptocurrency market cycles. During 2016-2017, the M2 supply expanded considerably, which sustained the market cycle until the end of 2017. In 2021, the M2 supply increased sharply, indicating potential impacts on the current cycle. These historical data points are crucial for traders to consider when analyzing market trends. (Source) |