With the escalating tariff battle between the US and China, the unprecedented growth of cash in China’s economy has caught analysts’ attention. According to new data, the M2 money supply in China has reached a record $326 trillion. Some analysts believe this increase in cash could spark a sharp rise in Bitcoin (BTC) to $90,000. The M2 index includes cash, bank deposits, and liquid investments. Its growth usually signifies increased cash injection by the government, easing conditions for consumption, borrowing, and investment. Kong Trading, a renowned crypto analyst, describes this situation as ‘China’s money printers are active again. High-risk assets are ready to fly.’ Currently, Bitcoin is trading around $85,300, up 0.8% from the previous day. Enmanuel Cardozo D’Armas from Brickken believes that continued growth in China’s M2 index could push Bitcoin to $90,000. Market analyst Aksel Kibar emphasizes the need to keep Bitcoin’s price above the one-year average to maintain the upward trend, with surpassing $90,000 potentially paving the way to $100,000. Despite the positive outlook, experts warn that factors such as the end of the 90-day tariff deadline, sudden policy changes, and regulatory crackdowns could disrupt the trend. Overall, China’s cash growth can be a significant driver for Bitcoin’s rise, but the market still requires investors’ vigilance. You can track the prices of all tokens and cryptocurrencies live on the momentary price page.
