BULLISH FOR BITCOIN US M2 Money Supply is pointing up again... The last time M2 increased, Bitcoin bull market ripped. We can see the effect when comparing DXY (dollar vs basket of global currencies) They are not tightly correlated all the time, but turning points in DXY… pic.twitter.com/JeRcDnv48l

JUST IN: Cathie Wood raises her Bitcoin price target by $2.3m to $3.8 MILLION All it would take is for institutions to allocate "5% of their portfolios to Bitcoin". 🤔 pic.twitter.com/mIcuOQPqG0

Last month, both #Bitcoin and #Ethereum outperformed each of the five FTSE Grayscale Crypto Sector Indexes, which incorporate an additional 243 tokens across distinct market segments. But let’s drill down. (1/8) pic.twitter.com/OLAoF6SQmI

NEW: Crypto valuations pulled back in April 2024 but industry trends remained broadly favorable. Highlights included: 🅱️ The #Bitcoin halving 📢 #Ethereum rumbles 🏛️Legislative progress 🪙Stablecoins' market cap rose Read our recap for deeper analysis: www.grayscale.com/research/market-commentary/april-2024-crypto-tailwinds-macro-headwinds pic.twitter.com/zUx5NaAfM2