💵The U.S. M2 money supply in August 2025 rose by +4.8% year-over-year, reaching a record $22.2 trillion — the fastest growth since July 2022 and already the 18th consecutive month.
Real (inflation-adjusted) M2 has also been rising for 12 straight months. This means the economy has more “free money,” which supports the growth of assets like Bitcoin, but puts pressure on the dollar, which remains in a bear market — analysts.