Van Straten: M2 money supply is near an all-time high, a bullish sign for cryptocurrencies

James Van Straten, a senior analyst at CoinDesk, wrote that the M2 money supply continued to increase in December 2024 and is now close to its all-time high of $22 trillion.
The continued growth of the M2 money supply is a bullish indicator for risky assets because it means that more liquidity is entering the system, and this liquidity usually appears in risky assets first.