Record Global Money Supply Hits $103.66 Trillion In August
Image: BeInCryptoGlobal money supply hit a record $103.66 trillion in August, with the Fed, ECB, Bank of Japan and PBOC adding $1 trillion that month for the 10th consecutive monthly increase. US M2 reached a record $23.34 trillion in August, up 5.7% annually, while China's M2 rose 7.5% and euro area M3 grew 3.5%. Bitcoin trades roughly 33% below its October peak, and gold is down nearly 26% from its January high.
Key points
- Global money supply hit a record $103.66 trillion in August.
- The Fed, ECB, Bank of Japan and PBOC added $1 trillion in August.
- This marked the 10th consecutive monthly increase in global money supply.
- Market participants associate higher money supply with upside for Bitcoin and other assets.
Why it matters
The record money supply is a widely tracked macro indicator for crypto asset performance. Bitcoin remains roughly 33% below its October peak despite the milestone, and gold has also fallen sharply recently.
Price context · BTC
At publication
$83,324.00
Now
$83,358.00
Change since
+0.04%
7 days · dashed line = publication
Sources · 2 publishers
BeInCrypto
Tier 2
Global Money Supply Hits $103 Trillion Record, So Why Isn't Bitcoin Following?
Coverage timeline
- First reported by Coinpedia
- Confirmed by BeInCrypto
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
