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Cryptocurrency News Video
Bitcoin selling pressure to ease? M2 money supply flips positive
May 04, 2024 at 11:15 am Nothing Personal
In this world of digital currencies, a key question looms before investors: With the M2 money supply showing positive growth for the first time since November 2022, is Bitcoin’s massive sell-off about to slow down? Glassnode crypto analytics firm noted that Bitcoin saw “increased net losses across all categories” in April, indicating continued selling pressure. In the last 30 days, the price of Bitcoin has fallen by 9.75% and is currently trading at $59,586.
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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