According to @KookCapitalLLC, the US M2 money supply has reached a record $22.12 trillion and is being interpreted as a bullish liquidity signal that could precede a new Bitcoin (BTC) all-time high, source: @KookCapitalLLC on X, Aug 31, 2025. The official benchmark for M2 is the Federal Reserve’s H.6 Money Stock Measures, which provides the definitive M2 level for confirmation, source: Board of Governors of the Federal Reserve System, H.6 Money Stock Measures. Historically, rapid M2 expansion in 2020–2021 coincided with BTC’s surge to its November 2021 ATH near $69,000, highlighting BTC’s sensitivity to USD liquidity conditions, sources: Federal Reserve Economic Data FRED series M2SL and Coin Metrics BTC price series. For execution, a data-driven process is to confirm the latest M2 trend on FRED and reference U.S. Treasury real yield levels when evaluating BTC risk allocation, sources: Federal Reserve Economic Data FRED for M2SL and U.S. Department of the Treasury Real Yield Curve Rates.