CHAIN PULSE
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M2 YoY Overlay

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In plain English

Global M2 year-over-year: how fast the broad money pile is growing versus a year ago, plotted against bitcoin.

Faster money growth has often coincided with easier risk-asset backdrops. This is a raw money-stock pulse, not Fed net liquidity.

Math and metrics

btcLiq.series field m2Chg52 vs BTC. Window 2020-03-01. FRED-based G4 M2 in the collector.

M2YoY_t = M2_t / M2_{t−52w} − 1 (as stored in m2Chg52).