GLOBAL LIQUIDITY
How much money exists in the system and where it is going. Money supply aggregates, central bank balance sheets, and the net liquidity that actually circulates.
6 charts available
CHARTS
Global M2 vs. Bitcoin
Does the expansion of the world's money supply track the price of Bitcoin?
Essential● active data
U.S. M2 vs. Bitcoin
Does the U.S. money supply help explain the behavior of Bitcoin?
Essential● active data
M2 annual growth vs. Bitcoin annual return
Have years of stronger monetary expansion tended to be better years for Bitcoin?
Analytical● active data
Fed balance sheet vs. Bitcoin
Do the Fed's asset purchases and sales track the price of Bitcoin?
Essential● active data
Fed net liquidity vs. Bitcoin
Does the liquidity that actually circulates in the system track Bitcoin?
Analytical● active data
Total stablecoin supply vs. Bitcoin
Does money entering the crypto market lead the move in price?
Essential○ source pending
INDICATORS IN THIS CATEGORY
| Indicator | Current value | Frequency | Source | Status |
|---|---|---|---|---|
| US M2U.S. M2 money supply: currency in circulation, checking deposits, savings, and short-term funds. Seasonally ad… | US$ 23.22 T | monthly | Federal Reserve (H.6) via FRED | Updated 58 minutes ago |
| Fed balance sheetTotal assets of the Federal Reserve, published weekly in the H.4.1 report. Grows during asset purchase program… | US$ 6.73 T | weekly | Federal Reserve (H.4.1) via FRED | Updated 58 minutes ago |
| Treasury General Account (TGA)Cash balance of the U.S. Treasury at the Federal Reserve. When it rises, it drains liquidity from the system; … | US$ 959.44 B | business days | U.S. Treasury — Daily Treasury Statement | Updated 59 minutes ago |
| Overnight Reverse Repo (ON RRP)Volume of overnight reverse repurchase operations at the Fed. Functions as parking for idle liquidity outside … | US$ 456.00 M | business days | Federal Reserve Bank of New York via FRED | Updated 59 minutes ago |
| Fed net liquidity (estimate)Estimate of liquidity effectively available to the financial system: Fed assets minus Treasury cash and minus … | US$ 5.77 T | weekly | Computed by Trade With Renato | Updated 57 minutes ago |
| Euro area M2Euro area M2 money supply, outstanding balance, seasonally adjusted. | € 16.44 T | monthly | Banco Central Europeu — Data Portal | Updated 58 minutes ago |
| Japan M2Japan M2 money supply, average outstanding balance. | 1,297.01 T | monthly | Bank of Japan — Time-Series Data Search | Updated 58 minutes ago |
| UK M4UK broad money supply M4, seasonally adjusted. The UK does not publish M2 under the same definition as other e… | 3.31 T | monthly | Bank of England — Interactive Database | Updated 58 minutes ago |
| Global M2 (Trade With Renato index)A proprietary index summing the broad money supplies of the United States, the euro area, Japan, and the Unite… | US$ 54.28 T | monthly | Computed by Trade With Renato | Updated 57 minutes ago |