Odaily Planet Daily News: The latest analysis released on June 5 by Philip Swift, founder of the on-chain data platform LookIntoBitcoin, shows that global liquidity (M2) is close to $100 trillion, which will become a favorable condition for the rise in Bitcoin prices in 2024. In terms of US dollars, M2 has now reached $94 trillion, a record high, $3 trillion higher than Bitcoin's all-time high of $69,000 at the end of 2021. Since hitting a local low of $85 trillion at the end of 2022 (coinciding with the trough of the cryptocurrency bear market), M2 has rebounded 10%. (Cointelegraph)