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Bitcoin could drop 20% if moves stay tied with M2 money supply: Analyst

November 27, 2024 by DIGIT
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An analyst says Bitcoin’s correlation with the global M2 suggests it could imminently drop 20%, but not all observers agree.

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  • bitcoinBitcoin(BTC)$87,174.00-1.50%
  • ethereumEthereum(ETH)$2,955.31-1.70%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$841.71-1.94%
  • rippleXRP(XRP)$1.87-1.54%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$123.51-1.75%
  • tronTRON(TRX)$0.283393-0.39%
  • staked-etherLido Staked Ether(STETH)$2,954.77-1.72%
  • dogecoinDogecoin(DOGE)$0.129215-2.24%
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  • bitcoinBitcoin(BTC)$87,174.00-1.50%
  • ethereumEthereum(ETH)$2,955.31-1.70%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$841.71-1.94%
  • rippleXRP(XRP)$1.87-1.54%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$123.51-1.75%
  • tronTRON(TRX)$0.283393-0.39%
  • staked-etherLido Staked Ether(STETH)$2,954.77-1.72%
  • dogecoinDogecoin(DOGE)$0.129215-2.24%