Read more in the Bitcoin Strategy newsletter:

https://www.bitcoinstrategyplatform.com/news/global-liquidity-up

isn’t the S&P500 highly correlated to M2 or other liquidity metrics? how much of all these charts just reflects new fiat units entering the system?

Root I am looking at 100 day and 25 day. 25 still holds negative and 100 day still trending lower towards zero.