• Bitcoin’s link to global money supply weakened in 2026 as higher yields and ETF outflows offset liquidity growth.
• Global M2 reached a record $103.66 trillion, but annual growth at fixed exchange rates was only about 4.5%.
• A CF Benchmarks model implied Bitcoin fair value near $136,000 versus trading near $84,000; critics warned liquidity models can be overfit.
• Spot Bitcoin ETF outflows exceeded $3 billion in January 2026, adding pressure as borrowing costs rose.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bitrue Ltd published the original content used to generate this news brief on October 19, 2026, and is solely responsible for the information contained therein.