US EditionBitcoin Is Rallying on US Deficit Concerns_ Not Hype: Analyst
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9 Articles
Bitcoin Rally Fueled by Fiscal Anxiety as U.S. Debt Balloons
According to 10x Research’s Markus Thielen, the cryptocurrency has evolved into a macro hedge, increasingly treated like gold amid growing concerns about runaway deficit spending. The shift comes as the U.S. faces a historic budget crisis. President Donald Trump’s recently passed spending bill, which promised fiscal responsibility, is instead projected to increase the national deficit by up to $7 trillion over the next decade. This reversal has …
Bitcoin Emerges As Fiscal Safety Net - The Cryptocurrency Post
TL;DR Bitcoin’s surge past $120,827.27 reflects growing investor demand for assets that can withstand the impact of the United States’ swelling deficit, now facing a potential $7 trillion swing. Analysts point to upcoming crypto-focused legislation and the Federal Reserve’s expected rate cut as additional drivers. With a 24-hour gain of 1.54% and a market cap near $2.4 trillion, Bitcoin’s status as a macro hedge deepens. While Bitcoin was once …
Bitcoin Soars $15K Post-Spending Bill as Dollar Slides, Kobeissi Letter Notes
Bitcoin’s unprecedented surge, diverging sharply from traditional economic indicators like a weakening U.S. dollar and rising deficits, signals a market in “crisis mode,” according to an X analysis from financial newsletter The Kobeissi Letter. Deficit Spending Drives Bitcoin Rally Into ‘Abnormal’ Territory, Kobeissi Letter States The Kobeissi Letter, a subscription service providing fundamental and technical... The post Bitcoin Soars $15K Post-…
Key Points of the News A historical increase in the $5 trillion debt ceiling and projections of an impending $7 trillion deficit have redefined Bitcoin as a macroeconomic hedge, digital gold against fiduciary devaluation, and not as a mere retail overstatement. Institutional funds quietly lead the trend, with constant entries into Bitcoin vehicles and increasing long-term chain balances indicating true accumulation.
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