Transaction Details
SuccessPayment
Details
Type
Payment
Result
tesSUCCESS
Timestamp
about 1 year ago (2/26/2025, 4:11:02 AM)
Fee
0.00001 XRP
Position
#8 in ledger
Amount
Memo
2025-02-23_14:57__XB20: VERIFICATION RESPONSE ___My work is contained at the start of the google doc, under the heading titled "__x TASK VERIFICATION SECTION START x__”. My analysis examines China's M1 money supply over the last 18 months, from August 2023 to February 2025, and explores its potential correlation with the crypto market, particularly Bitcoin. Key takeaway: China's M1 money supply, while a key liquidity indicator, does not serve as a reliable predictor for Bitcoin prices over the analyzed period.The steady increase in M1 from August 2023 to December 2024 did not align with Bitcoin price trends, and the January 2025 jump, driven by a definition change, appears coincidental. I shared this analysis to a private group and the main feedback was agreement a lack of surprise regarding the conclusion. A link to a google doc containing my full analysis with overview, monthly tables/chart, and conclusions are in the private document. Verified with unique reference: PF-OYwudIxw