Compass Investments

Crypto vs. Dollar

📌 Bitcoin Price Is Trading $66,000 Below Its M2 Fair Value — Is the Liquidity Trade Completely Broken? – Bitcoin Trails M2 Growth as Energy Costs and Rates Bite

Analysis: #Bitcoin is trading roughly $66,000 below its M2-based fair value, signaling the liquidity trade has weakened. Despite ongoing M2 expansion, price gains lag as higher interest rates and rising energy costs squeeze mining margins and investor risk appetite. Bitcoin

$BTC ,

Analysis: #Bitcoin is trading roughly $66,000 below its M2-based fair value, signaling the liquidity trade has weakened. Despite ongoing M2 expansion, price gains lag as higher interest rates and rising energy costs squeeze mining margins and investor risk appetite.

Is the liquidity trade completely broken? #Macro Insights# #M2 #Liquidity

Bitcoin

Bitcoin

$73,105.78

BTC 0.33%

Ethereum

Ethereum

$2,286.57

ETH 2.09%

Binance Coin

Binance Coin

$607.06

BNB 0.39%

XRP

XRP

$1.35

XRP -0.06%

Dogecoin

Dogecoin

$0.09

DOGE -0.56%

Cardano

Cardano

$0.25

ADA -1.36%

Solana

Solana

$84.92

SOL 0.24%