How does the monetary supply affect cryptocurrencies?
Cointelegraph analyst and writer Marcel Pechman explains how the monetary supply affects cryptocurrencies. The show Macro Markets, hosted by Marcel Pechman, which airs every Friday at 12 pm ET on the Cointelegraph Markets & Research YouTube channel, explains complex concepts in layman’s terms and focuses on the cause and effect of traditional financial events on day-to-day crypto activity. In today’s episode, crypto analyst Pechman discusses the fundamentals of money, including how to calculate supply, the effects of savings deposits and money market funds, and how central banks can inflate without effectively “printing money.” Pechman explains why near-zero interest rates and reduced financial institution reserve requirements benefit risk assets, such as cryptocurrencies, so much. The video then compares the broad monetary supply change in the United States to Bitcoin’s (BTC) price — some impressive charts you should not miss. Following a brief recap, Pechman explains why governm...