Forget the price charts. Here's how bitcoin and S&P 500 look like when adjusted for the money printer

CoinDesk·

Forget the price charts. Here's how bitcoin and S&P 500 look like when adjusted for the money printer

60-second summary

Bitcoin and the S&P 500 are displaying concerning trends when adjusted for M2 money supply growth. Valuations shaped by this growth paint a concerning picture.

Valuations shaped by M2 money supply growth paint reveal concerning trends for risk assets.