Gold and Bitcoin Near Historic Valuation Relative to US Money Supply

The combined value of gold and Bitcoin is approaching a historic level relative to the US M2 money supply. A top market analyst now suggests the upside potential for using these assets as hedges against dollar devaluation and inflation may be nearing its limit. Jurrien Timmer, Director of Global Macro at Fidelity, shared his analysis on X (formerly Twitter) on Friday. The End of the Easy Run? Because of their limited supply, gold and Bitcoin are widely regarded as premier inflation hedges source: https://beincrypto.com/gold-bitcoin-historic-valuation-m2-money-supply/