As crypto markets grow and mature, macroeconomic factors start to have a larger influence over them as is the case with traditional finance.
The M2 money supply, also referred to as “M2 Money Stock,” is a measure of the amount of currency in circulation. It includes M1 money, which is physical cash and deposits, in addition to currency that is “less liquid,” such as bank savings accounts.this year as inflation has surged. Pal commented that declining demand for crypto had caused the outflows, adding:
It also stands to reason that more caution will be exercised with less money available to investors, especially with high-risk investments such as crypto. The cost of living crisis has exacerbated this in 2022, with most countries facing multi-decadePal commented that global M2 growth is turning. “Early days, but crypto is forward-looking in nature and turns earlier than most assets as its such long duration,” he added.
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