Bitcoin to reach $170k amid record high M2 supply

  • Bitcoin may climb to $ 170,000 as global M2 liquidity reaches $55.48 trillion, reflecting a surge in economic capital.
  • Analysts say institutional demand via ETFs and corporate buyers could push BTC into the $150K–$200K range by year-end.
  • A weakening US dollar and historical divergence patterns suggest a potential new Bitcoin uptrend is underway.

Bitcoin (BTC) could be on a trajectory toward $170,000 as global liquidity—measured by the broad money supply (M2)—reaches a new record high of $55.48 trillion as of July 2, said a Coin Telegraph report.

The M2 metric includes highly liquid assets such as bank deposits, checking accounts, and cash equivalents, and aggregates liquidity levels from major economies including the United States, Eurozone, Japan, the United Kingdom, and Canada.

Historically, Bitcoin’s price has shown a strong correlation with global M2 supply, often following liquidity expansions with a lag of three to six months.

In periods of rapid liquidity growth, the lag can shorten considerably. For example, Bitcoin’s breakout above $100,000 in April 2025 followed just weeks after a sharp increase in M2 supply.

The recent expansion in global M2 suggests a broader increase in available capital, often associated with inflows into risk-on assets such as cryptocurrencies.

According to analyst Crypto Auris, “As global money supply expands, Bitcoin’s next target sits around ~$170K, following the flow.” Unlike speculative rallies driven by sentiment, liquidity-backed surges tend to result in more sustainable price trends, potentially offering a stronger foundation for Bitcoin’s current cycle.

https://x.com/crypto_auris/status/1940326758202712108

Institutional demand strengthens bullish outlook

Bitcoin’s price trajectory is also being supported by a growing base of institutional investors.

Multiple analysts forecast BTC reaching between $150,000 and $200,000 by the end of 2025, citing increased allocations from institutional players via exchange-traded funds (ETFs) and corporate treasuries.

This shift reflects a maturation of the digital asset market, where Bitcoin is increasingly viewed as a hedge against currency debasement and a store of value in an environment of expanding money supply.

Rising institutional participation tends to reduce volatility and improve market depth, contributing to the long-term viability of price gains.

The broader macroeconomic backdrop is reinforcing this trend.

Central banks in developed markets continue to adopt accommodative monetary policies, further inflating M2 and supporting asset prices across risk categories.

Weakening Dollar signals potential breakout

Another factor contributing to Bitcoin’s bullish momentum is the weakening US dollar.

The US Dollar Index (DXY) has declined by 10.8% in the first half of 2025, marking its steepest H1 drop since the end of the Bretton Woods system in 1973.

In contrast, Bitcoin has appreciated by 13.25% over the same period, highlighting a clear negative correlation between the two assets.

Historically, significant divergences between BTC and DXY have preceded major market moves.

Notably, the divergence in November 2020 signaled the beginning of a sustained rally, while inverse movements in April 2018 and March 2022 coincided with the onset of bear markets.

Since early 2024, BTC and DXY had been moving in tandem, but this pattern broke in April 2025 when DXY fell below the 100 mark for the first time in two years.

If historical trends hold, this divergence could mark the start of a new uptrend for Bitcoin, potentially magnified by further dollar weakness.

As liquidity rises and the dollar weakens, the setup for Bitcoin appears increasingly favorable heading into the second half of the year.

 

 

 

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JP Morgan’s blockchain unit plans to tokenise carbon credits

  • JPMorgan is testing a blockchain system to tokenize carbon credits, partnering with S&P Global, EcoRegistry, and the International Carbon Registry.
  • The initiative aims to improve transparency and efficiency in the carbon market, which faces fragmentation and credibility issues.
  • Tokenization could create a unified, tradable ecosystem for carbon credits.

JPMorgan Chase & Co. is taking steps to modernize the voluntary carbon market by testing a new blockchain-based system for tokenizing carbon credits.

The initiative is being led by Kinexys, the bank’s blockchain unit, in collaboration with S&P Global Commodity Insights, EcoRegistry, and the International Carbon Registry.

The goal is to determine whether blockchain technology can effectively track the ownership and lifecycle of carbon credits from issuance through retirement.

Tokenization is the process of representing real-world assets as digital tokens on a blockchain, has gained traction across Wall Street.

Institutions like BlackRock and Deutsche Bank have explored their use to simplify and accelerate the settlement of traditional financial assets such as stocks and bonds.

By applying this technology to carbon credits, JPMorgan and its partners aim to address persistent challenges in the carbon market, including inefficiency, lack of transparency, market fragmentation, and the absence of standardized systems.

According to JPMorgan, a unified tokenized ecosystem could enable carbon credits to move seamlessly between buyers and sellers, improving overall market functionality.

Addressing market concerns

Alastair Northway, head of natural resource advisory at JPMorgan Payments, believes the voluntary carbon market is “ripe for innovation.”

He emphasized that blockchain tokenization could underpin a more transparent and interoperable global system, potentially increasing liquidity and trust in the market.

Enhanced visibility into pricing and project data is one potential benefit of adopting digital infrastructure.

A carbon credit typically signifies one metric ton of carbon dioxide that has either been removed from or not released into the atmosphere. These credits often originate from renewable energy or forestry projects.

In a tokenized system, each credit would exist as a digital asset on a blockchain, offering a verifiable and tradable representation of the environmental benefit.

Despite growing institutional and governmental interest in carbon trading, the market has struggled with credibility issues.

Allegations of greenwashing and shortcomings in project effectiveness have raised doubts about the integrity of some carbon offset programs.

JPMorgan itself has previously financed carbon projects and purchased carbon removal credits and now aims to be recognized as the “carbon bank of choice.”

Learning from past missteps

In a report released Wednesday, JPMorgan noted that while carbon credits are “poised to mature as market infrastructure strengthens,” that outcome is far from guaranteed.

The bank warned that failure to address market integrity issues or foster innovation could further damage confidence in a market that has recently stalled after a period of contraction.

The report also referenced earlier efforts by other organizations to tokenize carbon credits, some of which raised concerns about double-counting and transactions involving already-retired credits.

Such missteps have undermined trust and highlighted the need for more robust frameworks to support digital carbon markets.

As part of this new trial, JPMorgan and its partners aim to avoid those pitfalls by working with established registry systems and prioritizing accountability and traceability.

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Standard Chartered predicts Bitcoin to hit $135K by Q3, surge to $200K by year-end

  • Standard Chartered continues to stand by its bold long-term call of Bitcoin reaching $500,000 by 2028.
  • The bank’s $200,000 forecast for year-end 2025, if realized, would mark a near-doubling from current levels.
  • In his note, Kendrick argued that the dynamics driving BTC have fundamentally changed.

Standard Chartered is doubling down on its bullish outlook for Bitcoin, forecasting the cryptocurrency will rise to $135,000 by the end of the third quarter and breach the $200,000 mark by the close of 2025.

The prediction, published in a research note Wednesday, attributes the strength of Bitcoin’s rally to increased institutional demand, especially from exchange-traded funds (ETFs) and corporate treasuries.

The latest projections come from Geoff Kendrick, head of digital asset research at Standard Chartered, who has been consistently optimistic on Bitcoin’s long-term trajectory.

In his note, Kendrick argued that the dynamics driving BTC have fundamentally changed, marking a departure from the cryptocurrency’s historical halving cycle patterns.

The new drivers behind BTC’s movements

Kendrick said that Bitcoin has “moved beyond the previous dynamic whereby prices fell 18 months after a ‘halving’ cycle,” referring to the roughly four-year interval when the Bitcoin network reduces mining rewards by half.

This mechanism has historically driven supply shocks that led to price booms followed by corrections, often within an 18-month window.

However, Kendrick said the latest halving in April 2024 is unlikely to follow the same trajectory due to the emergence of stronger demand drivers absent in previous cycles.

“We expect prices to resume their uptrend, supported by continued strong ETF and Bitcoin treasury buying,” Kendrick wrote.

According to the report, ETF and corporate treasury flows accounted for approximately 245,000 BTC in the second quarter of 2025 alone.

Kendrick projects that level will be exceeded in both the third and fourth quarters, citing deepening institutional adoption as a structural support for higher prices.

His comments come as spot Bitcoin ETF flows in the United States turned negative for the first time in more than two weeks.

According to data from SoSoValue, US-listed spot Bitcoin ETFs saw $342.3 million in net outflows on Tuesday, ending a 15-day streak of positive inflows that had totaled $4.8 billion.

Bitcoin at $500K

Standard Chartered continues to stand by its bold long-term call of Bitcoin reaching $500,000 by 2028.

This forecast is premised on sustained institutional interest and broader macroeconomic conditions that could favour digital assets over traditional stores of value.

The bank’s $200,000 forecast for year-end 2025, if realized, would mark a near-doubling from current levels.

As of Wednesday, Bitcoin was trading at approximately $107,500.

Despite the recent outflow from ETFs, Kendrick’s outlook suggests that large-scale institutional allocation to Bitcoin remains a secular trend, with growing interest from corporate treasuries potentially altering how firms manage balance sheet assets.

Bitcoin is up more than 70% over the past year.

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Bitcoin Pepe price outlook after Robert Kiyosaki predicts BTC will hit $1M soon

  • Bitcoin trades strong above $107K as analysts predict a potential climb to $112K in July.
  • Robert Kiyosaki fuels bullish sentiment, forecasting Bitcoin to hit $1 million.
  • Bitcoin Pepe raises $16M, with MEXC listing and staking pool offering 15,000% APY.

Bitcoin is trading strong at $107,121.73 on Wednesday after witnessing some volatility over the past few weeks owing to geopolitical tensions. 

Kicking off July, market analysts are eyeing more upside, with some projecting Bitcoin could hit $112,000 before the month ends. 

Bullish sentiment remains strong, fueled by steady investor interest and encouraging technical signals.

Cryptocurrency investors are keeping a close eye on improving economic indicators and recent remarks by US Fed chief Jerome Powell around the possibility of a rate cut this month will also weigh in on the sentiment. 

Meanwhile, Bitcoin Pepe’s price outlook is looking stronger than ever as it seems all set to make final listing announcements on July 31. 

Bitcoin Pepe’s impressive $16 million raise makes it clear that investors are backing their conviction with serious capital. 

And with the recent announcement that major exchange MEXC is officially listing BPEP, investor FOMO is quickly gaining momentum.

Robert Kiyosaki says BTC will soon touch $1 million

BTC price may get further boost by recent remarks of Robert Kiyosaki, the author of the popular ‘Rich Dad Poor Dad’ book. 

Robert Kiyosaki announced that he recently purchased some more Bitcoins and he thinks that BTC’s price will soon touch $1 millon. 

“Bought another Bitcoin today.  I realize I could be wrong and a sucker.  Would not be the first time in my life I was played for a FOOL. Yet I believe Bitcoin will one day soon be $1 million a coin. If I am a sucker…. I’d rather be a sucker than a LOSER if Bitcoin does go to $1 million,” Kiyosaki said in a post on X.

Kiyosaki has repeatedly called on people to abandon what he calls “fake fiat money” and instead safeguard their wealth by investing in real assets like gold, silver, and Bitcoin.

Robert Kiyosaki is not the only top-tier investor who is backing the Bitcoin as many high net worth individuals have spoken about the bright prospects of the crypto markets.

Recently, billionaire tech investor Philippe Laffont admitted that sometimes he wakes up in the middle of the night and regrets missed opportunities to invest in Bitcoin.

Bitcoin Pepe price outlook 

Bitcoin is displaying strength at current levels and investors are closely eyeing the $108,500 resistance as that may work as a cue to a rally towards new all-time high. 

With capital flowing back into digital assets, high-risk areas like meme coins are once again catching the eye of investors.

At the forefront of this renewed interest is Bitcoin Pepe.

Bitcoin Pepe is positioning itself as the bridge that brings Bitcoin into the modern era introducing the meme and DeFi layer that the world’s oldest and most liquid blockchain has long lacked.

With BTC’s strong performance this year, the BPEP narrative is gaining serious traction across KOLs, trader circles, and every day X users alike.

What started as a meme-driven layer 2 is quickly evolving into a key player in Bitcoin’s emerging DeFi ecosystem, fueled by growing community momentum and a viral snowball effect.

BPEP’s momentum has been undeniable. With over $16 million now raised, the project has quickly emerged as one of 2025’s breakout presale stars, drawing serious attention across the crypto space.

Bitcoin Pepe’s current price is hovering around $0.0437 and is further expected to jump towards $0.0458 after the final listing announcements on July 31. 

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Best crypto to buy now as analysts see Bitcoin hitting $200K

  • Bitcoin Pepe‘s presale has seen continued momentum ever since it was launched in February.
  • The presale has raised over $16 million.
  • As per the team, the BPEP token is set to be listed on MEXC and BitMart.

Crypto market sentiment remained stable on Wednesday, even as Bitcoin continued to hover near the $107,000 level.

Traders appear to be in a wait-and-watch mode ahead of key US economic data releases scheduled for Thursday.

The upcoming reports include May job openings from the US Job Openings and Labor Turnover Survey (JOLTS), as well as June’s non-farm payrolls and unemployment rate figures that could influence market expectations around monetary policy.

At the European Central Bank’s forum on Tuesday, Federal Reserve Chair Jerome Powell reiterated that decisions on rate cuts will be data-dependent but offered no guidance on the timing of any potential policy shifts.

Even in this cautious environment, one early-stage project has continued to grab attention.

Bitcoin Pepe has seen continued momentum ever since it was launched in February.

Bitwise sees BTC hitting $200,000

“It’s been a mixed year for crypto asset prices,” Bitwise’s Matt Hougan and Ryan Rasmussen wrote, noting that Bitcoin reached a new all-time high of $112,000 in May, driven by strong ETF inflows, increasing adoption by treasury-focused companies, and the establishment of a US strategic bitcoin reserve.

In contrast, Ethereum and Solana have both posted year-to-date losses, a divergence the firm attributes to macroeconomic uncertainty and uneven investor sentiment.

Despite the disparity, Bitwise remains optimistic about the second half of the year.

“We’re holding firm to our BTC $200k prediction, as there is simply too much institutional demand for BTC to keep prices flat for long,” Hougan said.

While the firm expressed less confidence in the outlook for ETH and SOL, it cited potential tailwinds from ETF approvals, growing interest in stablecoins, and the rise of ETH and SOL treasury firms.

Bitwise’s forecast that Bitcoin ETF inflows will exceed last year’s $35 billion remains intact, with wider distribution through major wealth platforms supporting that projection.

Bitcoin Pepe’s resilience

The crypto market has seen heightened volatility in recent months, with sharp rallies, steep pullbacks, and shifting investor sentiment defining the landscape.

Despite these fluctuations, the Bitcoin Pepe presale has shown resilience, continuing to attract steady capital inflows.

The sustained interest indicates that the project may be well-positioned to weather current market conditions.

As the first meme-centric Layer 2 on the Bitcoin network, Bitcoin Pepe aims to differentiate itself by combining Bitcoin’s foundational security with scalability features typically associated with platforms like Solana.

This blend of robust infrastructure and cultural relevance distinguishes it from many meme tokens that lack technical depth.

To advance its Layer 2 development, Bitcoin Pepe has entered into partnerships with Super Meme, Catamoto, and Plena Finance.

The project’s strategy of pairing functional utility with meme-driven appeal appears to be gaining traction in the market.

The presale has raised over $16.2 million so far, with BPEP tokens priced at $0.0437.

Listings on MEXC and BitMart are planned, moves that are expected to improve liquidity, enhance visibility, and bolster credibility.

The final listing announcement is scheduled for July 31, drawing additional investor attention as the presale approaches its final stages.

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