Bitcoin: 21M Cap Contrasts 166% M2 Expansion
Bitcoin's 10,000 BTC from 2010 pizzas now worth $800B while US M2 rose 166% to $22.6T, highlighting fixed supply versus unlimited fiat growth.
SourceAnalysis
Bitcoin purchased for two pizzas in 2010 now represents roughly $800B in value, while US M2 expanded 166% from $8.5T to $22.6T over the same span, underscoring one asset's hard 21 million cap against the other's lack of ceiling.
Bitcoin price action on the 4-hour chart shows the asset at $76926.22 pressing against upper Bollinger resistance at $78032.68 with the 50-EMA overhead at $78141.3 serving as concrete resistance; despite the MACD golden cross at -205.21, neutral RSI at 42.22 suggests a measured retracement toward lower band support at $76235.62 remains probable before continuation.
Binance Research
@BinanceResearchAs the official research arm of Binance, this account publishes institutional-grade analysis and in-depth reports on digital assets, blockchain ecosystems, and Web3 technologies. The content delivers data-driven insights into market trends, protocol developments, and macroeconomic factors influencing the cryptocurrency industry.
Premium Sponsors
.jpg)