Bitcoin Shatters Records: Now Comprises 1.7% of Global Money Supply According to River

Digital gold achieves unprecedented monetary milestone—while traditional finance scrambles to catch up.

The Unstoppable Ascent

Bitcoin's market capitalization has surged to represent 1.7% of the world's total money supply. That's not just growth—it's a fundamental shift in how the world stores value.

Decentralization Versus Legacy Systems

The network operates without central approval—cutting through bureaucratic red tape that slows traditional financial systems. No board meetings, no regulatory delays—just pure market consensus driving adoption.

Global Money Reimagined

While central banks debate inflation targets, Bitcoin's algorithmically enforced scarcity continues to attract capital seeking refuge from monetary debasement. Because nothing says 'store of value' like a asset that can't be printed into oblivion by committee decision.

The institutional floodgates aren't just open—they're bursting. Meanwhile, traditional finance experts who dismissed it as 'magic internet money' now allocate client portfolios to it while maintaining straight faces—true professional integrity.

Central banks and monetary expansion

River noted the rapid ascent:

“In 16 years, bitcoin went up to 1.7% of global money.”

This expansion comes as central banks continue to increase fiat currency supplies, eroding purchasing power and prompting investors to seek alternatives like bitcoin and gold.

Global M2 money supply growth has paralleled these shifts, with hard money assets increasingly seen as a hedge against inflation.

Fed signals rate cuts

United States Federal Reserve chairman Jerome Powell addressed the Jackson Hole Economic Symposium and indicated that interest rates are likely to be cut in the NEAR future. Powell stated:

“Our policy rate is now 100 basis points (BPS) closer to neutral than it was a year ago, and the stability of the unemployment rate and other labor market measures allows us to proceed carefully as we consider changes to our policy stance.”

Following Powell’s remarks, the Bitcoin price surged over 2%, reaching around $116,000 per BTC.

Market data from the CME Group shows that 75% of investors expect a rate cut of 25 basis points in September.

Bitcoin’s correlation with liquidity

Periods of monetary expansion often correspond with bitcoin price rallies, as the asset tracks global liquidity trends.

Bitcoin and gold’s rising share of global wealth comes amid persistent inflation and continued central bank easing.