Sentiment: Negative
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Bitcoin Soars Above $29,000 M2 Money Supply Drops To 90-Year Low
By Jake Simmons at 2026-05-02 18:29
Sentiment: Negative
The Bitcoin price jumped above the crucial $27,800 resistance yesterday in response to the news about First Republic Bank and continues the rally above $29,000 today. As was the case after the collapse of Silicon Valley Bank and Silvergate, news of a bank collapse served as a trigger for an upward move for Bitcoin. And […] Continue reading...
Categories: Bitcoin
Tags: #Bitcoin #bitcoin #btc #M2 #money supply
Source Bitcoinist