BTC climbed to 1.7% of global money before Fed chair signaled rate cut | NYGazet

Bitcoin continues to increase its share of global money as governments and central banks around the world continue to expand the total money supply.

Bitcoin (BTC) grew to account for about 1.7% of global money, a figure that includes aggregate M2 money supply data for all major fiat currencies, the largest minor currencies, and gold’s market cap, according to River, a Bitcoin financial services c... [2141 chars]