Analysis: With the US money supply hitting a new high of $22.6 trillion, Bitcoin's long-term value may benefit from increased liquidity and network growth.

CoinFeed reported on April 7th that, according to data from XWIN Research Japan, the US money supply has surpassed $22.6 trillion, a record high, indicating a shift in the global liquidity environment. Since the 2008 financial crisis, the money supply has nearly tripled, while the purchasing power of the dollar has declined by approximately 38%, reflecting structural inflationary pressures resulting from the increased money supply. The report points out that against the backdrop of liquidity expansion, Bitcoin's long-term price has trended upward, becoming a "reservoir" of excess capital. Simultaneously, the increase in active addresses suggests that Bitcoin is not only a financial asset but also a continuously growing network. Nevertheless, the current growth in the money supply is primarily driven by government debt rather than organic credit expansion, raising concerns about sustainability and inflationary risks.