Bitcoin Price Surge Linked to Global Money Supply Increase

The recent surge in Bitcoin prices is being attributed to a substantial increase in global money supply, according to renowned economist Raoul Pal and prominent crypto influencer Anthony Pompliano. Pal’s analysis suggests that this rapid expansion of M2 money supply has been the primary driver behind Bitcoin’s growth over the past years. He believes this trend overshadows other narratives often presented as background noise. Pompliano further proposes that Bitcoin might serve as a new