The total M2 money supply of the United States, Europe and Japan has exceeded 90 trillion dollars, or one of the catalysts for the recent rise of BTC

Bitcoin has rallied more than 2.4% in the past 24 hours, crossing the $87,000 mark for the first time since April 2. Dominick John, an analyst at Kronos Research, said bitcoin's rise is being driven by rising global liquidity, especially thanks to the expansion of the M2 money supply and renewed interest from institutions such as the US, Europe and Japan. The total M2 money supply has increased steadily from December 2024 to February 2025 and has now reached $90.20 trillion, while Strategy has also signaled further increases in bitcoin holdings.