It is suggested that the US government may accelerate the return to the Bitcoin (BTC) and crypto bull market. Former BitMEX CEO Arthur Hayes thinks a macroeconomic turning point is inevitable as US Treasury yields soar. Hayes states that economic pressure will increase with bond sales and interest rates rising, due to leverage and non-linear risks in banks' portfolios. This suggests that there is a need to return to massive liquidity injections to offset the quantitative tightening seen since late 2021, which has negatively affected crypto markets.
Another factor that cannot be ignored is that the US continues to have record national debt. The government increased the amount of debt by $275 billion in just one day, bringing its total debt to over $33 trillion. This situation attracted attention among financial commentators.
The current value of Bitcoin is around $27,500. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should do their own research when making decisions.
Another factor that cannot be ignored is that the US continues to have record national debt. The government increased the amount of debt by $275 billion in just one day, bringing its total debt to over $33 trillion. This situation attracted attention among financial commentators.
The current value of Bitcoin is around $27,500. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should do their own research when making decisions.