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A non-uniform money supply can be subjected to coin-clipping, or someone could dilute the metals that make up a coin as is the case with gold and silver based money.
Therefore, by sheer fact that inflation is going higher - driven by the money supply - the price of Bitcoin must go higher. We see the effects of inflation every single day, every single year.
Bitcoin's (CRYPTO: BTC) price surge to new all time highs on Thursday is not merely crypto euphoria but a broader macro story ...
M2 money supply, 12 months, Source: ... BTC/USD, 4-hour chart. Source: TradingView. However, Bitcoin’s relative strength index (RSI) peaked at 77 on May 16 before retracing to its current value ...
Since the money supply peaked around the 1 st and 2 nd quarter of 2022, we predict that in about a year, around the 2 nd quarter of 2023, the inflation rate will start to decrease.
This USD to INR forecast offers insights into these two currencies. The Indian Rupee's Current Outlook in 2022 Following a sustained long-term downtrend over the past decade, 2022 resumes a ...
The Nigerian naira plunged to a record low on the parallel market as shrinking dollar supply from the central bank forced buyers to the street for hard currency. Skip to content.
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