Bitcoin Decouples From Global M2 Liquidity As Money Supply Hits Record High

Crypto Insight Summary: · Posted in[Crypto News](https://bitcoinist.com/category/cryptocurrency-news/crypto-news/) * [Global M2](https://www.federalreserve.gov/) liquidity reportedly crossed $135 trillion in June 2026. * Bitcoin is trading far below its prior peak, creating a visible divergence from liquidity expansion models. * Some analysts see a delayed catch-up rally, while others argue the relationship has structurally changed. * Past correlation between money supply and BTC price is not a guarantee of future performance. Bitcoin is again testing one of crypto macro’s favorite assumptions: that rising global liquidity eventually pulls BTC higher. According to the June 16 writing handoff, global M2 liquidity has crossed a record $135 trillion, while Bitcoin remains far below its October 2025 peak and trades near the mid-$60,000 area. That divergence is attracting attention because Bitcoin has often moved with global liquidity across prior cycles. When money supply expands, risk appetite and asset prices tend to improve. But this time, the relationship appears less direct. Traders who follow global M2 models therefore see the current gap as a potential setup rather than a warning. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Global liquidity surge creates uncertainty about BTC's decoupling from traditional correlations.