Total global money supply (M2) across major economies (US, EU, Japan, China, UK). Bitcoin has historically correlated with global liquidity expansion and contraction.
Rising global liquidity is a tailwind for Bitcoin and risk assets. Contracting liquidity is a headwind. Global liquidity bottoms have historically preceded major Bitcoin rallies.
Compares Bitcoin ETF flows and AUM growth to the historical trajectory of gold ETFs (GLD launch in 2004). Provides context for the pace of institutional adoption.
Bitcoin's performance compared to gold over various timeframes. Tracks the BTC/Gold ratio to measure Bitcoin's evolution as a competing store of value.
Key US economic indicators including Fed Funds rate, CPI/inflation, employment data, and yield curve. These macro factors significantly influence Bitcoin's price environment.
Compares Bitcoin's performance against the Magnificent Seven tech stocks (Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, Tesla). Popular institutional comparison metric.