币界网报道：Bitcoin has surged 108% year-to-date as global M2 money supply reaches $112.413 trillion, according to recent market data. The cryptocurrency's rally coincides with expanding global liquidity, with M2 growing 6.6% annually. Analysts note Bitcoin's price movements often correlate with monetary expansion, as investors seek inflation hedges against fiat currency depreciation. The current bull run follows Bitcoin's 2022 bear market, with the asset now trading near yearly highs. Market observers highlight that Bitcoin's fixed supply of 21 million coins makes it particularly attractive during periods of monetary inflation, contrasting with central banks' continuous money printing. The cryptocurrency's performance continues to draw attention as a potential store of value amid ongoing macroeconomic uncertainty and currency debasement concerns.