Shortly after, the latest figures showed a sizable jump in the U.S. M2 money supply in August. The combination of easier China and U.S. monetary policies and rising money supply appeared to be the catalyst for bitcoin’s sustained rise throughout afternoon trading. Gold too, liked the news, jumping 1.4% to yet another record high of $2,690 per ounce.
Bitcoin Pushes Past $64K as Monetary Ease Expectations Grow
