The relationship between M2 money supply expansion and risk asset performance is well-established. Historically, when liquidity surges into the financial system, stocks, crypto markets, and Bitcoin tend to rally in tandem.

That said, we've witnessed something interesting lately. Bitcoin temporarily decoupled from rising M2 levels—suggesting the correlation can break. But here's the thing: these disconnects are typically short-lived. When liquidity flows abundantly through markets, risk assets eventually follow. It's not foolproof, but the pattern holds more often than not. In the end, money usually has the last word.