The U.S. National Debt Just Topped $40 Trillion. Here's What That Could Mean for Bitcoin.

The U.S. National Debt Just Topped $40 Trillion. Here's What That Could Mean for Bitcoin.

Bitcoin has a key advantage in the context of rising government debt.

Grayscale Names 3 Cryptos That Could Gain From Surging US Debt

Grayscale says unchecked U.S. debt growth could weaken confidence in fiat currencies and increase demand for alternative stores of value. The crypto asset manager identifies bitcoin, ethereum, and zcash as potential beneficiaries of the debasement trade. Grayscale Connects Rising Debt to 3 Cryptos Surging U.S. government debt could strengthen demand for BTC, ETH, and ZEC, […]

The U.S. National Debt Just Topped $40 Trillion. Here's What That Could Mean for Bitcoin

It's possible, and even probable, that the climbing national debt of the U.S. will be a tailwind for Bitcoin (CRYPTO: BTC) over the long run. As you may have heard, the Treasury Department recently said that the national debt was running at over $40 trillion as of Aug. 18. For the record, that's…

Crypto News: Grayscale Warns U.S. Debt Crisis Could Push Investors Toward BTC, ETH, and ZEC

Key Insights: Crypto news: U.S. debt topped $40T as real 30-year Treasury yields neared 3%. Grayscale says rising U.S. debt could increase demand for BTC, ETH, and ZEC. Ray Dalio warns a U.S. debt crisis could emerge within three years, give or take two. Crypto news turned toward Washington after...

Grayscale says US debt crisis sparks jump in Bitcoin, now up

🚨 Grayscale points to surging US debt as reason for Bitcoin’s recent rally. 💡 Bitcoin jumped over 20% in 30 days as dollar weakened to a 3-month low. 📉 The Treasury announced new bond buyback plans after debt hit $40 trillion. 💰 Investors move toward $BTC as policymak...