In the complex world of cryptocurrency, a specific chart stands out as a glimmer of hope for Bitcoin and its counterparts. The recent surge in the US money supply has put investors at a critical crossroads. As the printing presses work tirelessly to produce fiat currency at an alarming rate, the possibility of the dollar losing its value hangs over us like a dark cloud.
James Whitfield is markets correspondent at BTCNews. He spent eight years on the equity desk at Bloomberg London before moving to digital assets in 2020, and now leads our daily coverage of spot prices, derivatives and ETF flows. James reads order books for breakfast and has been quoted in the Financial Times, CityAM and CoinDesk. He is a CFA Level III candidate and is based in the City of London.