Bitcoin's uniqueness lies in its digital scarcity, where the maximum limit is 21 million. In contrast, fiat currencies have no limit, which means that Bitcoin's value will increase in the long run when measured in fiat currency.
The Global Liquidity chart is used to determine the amount and flow of fiat currency in the global economy. It combines the M2 money stock of the top ten largest economies to provide a comprehensive view. This is crucial because Bitcoin is a global phenomenon, and it requires a broader perspective beyond individual economies.
This chart provides the latest updates on M2 from Great Britain and the EU that were released earlier today.
Over the years, Bitcoin's correlation with risk-on assets has increased, making it necessary to consider the macroeconomic environment in its analysis.
The Bitcoin Strategy Platform has now a dedicated macro section that provides live access to this essential chart!
Above chart is only available at Bitcoin Strategy.