Odaily Planet Daily News: The global capital market analysis service provider The Kobeeissi Letter pointed out that the price fluctuations of Bitcoin typically lag behind changes in the global money supply by about two months (approximately 70 days). Currently, after reaching a historical high of 108 trillion U.S. dollars, the global money supply has recently decreased by about 4 trillion U.S. dollars over the past few weeks, which indicates that the contraction of the money supply may exert downward pressure on Bitcoin prices, or it may imply that Bitcoin prices could drop to 75,000 U.S. dollars.