The US M2 money supply is growing.
Historically, this has been positive for Bitcoin.
However, the current growth rate remain below the pre-COVID levels.
This suggests that money supply expansion alone won’t drive exponential Bitcoin growth by itself in the near term. 

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Author: Ryan S. Gladwin
Compiled by: TechFlow
The cryptocurrency industry reached new heights of absurdity in 2024. This year's MEME super-cycle spawned many bizarre characters, resetting the industry's "floor." At the same time, crypto conferences every week left people cringing, while politicians groveled to curry favor with the crypto circle - whether for votes or funds.
This year, we witnessed many "stupid acts" etched into the immutable "life blockchain." From MEME developers self-immolating to promote their projects (see item 6 below)...

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Now in the long run the money supply is bound to grow faster as a side effect of the monetization of the US debt.
So buying Bitcoin as a hedge remains a reasonable strategy.
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