U.S. M2 hit a record $22.4T in January, why Bitcoin hasn’t followed, and what could change next U.S. broad money supply (M2) reached a record $22.442 trillion in January 2026. That put M2 up $922.4 billion (+4.29%) from January 2025, setting a new high for a metric that often anchors “liquidity up, risk up” narratives.
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