usdt
Post
--Bullish
币盈Anna
·
--
✌BlackRock’s major viewpoint: Bitcoin’s rise is tightly linked to the U.S. $40 trillion debt
News highlights
PANews August 27, it was reported that Robbie Mitchnick, Head of Digital Assets at BlackRock, said:
1. The U.S. federal debt surpassed $40 trillion on August 18, doubling from 2017. Annual interest payments are close to $1 trillion, accounting for more than 14% of total federal spending. Concerns about the budget deficit have driven investors to treat Bitcoin and gold as safe-haven assets to hedge against inflation and debt risks—this is the core catalyst behind this round of Bitcoin’s rally.
2. Bitcoin has recently recorded its strongest three-day increase since 2023, and the current price is consolidating below $80,000.
3. The CLARITY Act’s impact on Bitcoin is less than on other crypto sectors. Bitcoin has already gained broad market recognition and regulatory acceptance. #cz
#BNB
News highlights
PANews August 27, it was reported that Robbie Mitchnick, Head of Digital Assets at BlackRock, said:
1. The U.S. federal debt surpassed $40 trillion on August 18, doubling from 2017. Annual interest payments are close to $1 trillion, accounting for more than 14% of total federal spending. Concerns about the budget deficit have driven investors to treat Bitcoin and gold as safe-haven assets to hedge against inflation and debt risks—this is the core catalyst behind this round of Bitcoin’s rally.
2. Bitcoin has recently recorded its strongest three-day increase since 2023, and the current price is consolidating below $80,000.
3. The CLARITY Act’s impact on Bitcoin is less than on other crypto sectors. Bitcoin has already gained broad market recognition and regulatory acceptance. #cz
#BNB
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.