🔥🚀 🇺🇸TREASURY UPDATE: America's federal budget deficit jumped 42% year-over-year to $404 BILLION in October.
The numbers behind the increase:
🔹 Government spending: $773B (+12%)
🔹 Federal revenue: $369B (-9%)
🔹 Customs revenue: $19.2B (-39%)
The U.S. enters fiscal 2027 with record October spending and a widening gap between revenue and expenditures.
The question for markets is how much additional borrowing will be needed to finance it?🤷♂️👀
#USPPIMissMayEaseBTCPressure
#Anthropic’s6xIPODemandSignalsPotentialRecordRaise #WhatWillDriveCryptoandStocks’NextRebound? #BitcoinBreaksBelow200WeekMovingAverage $BTC $XAU $ETH #SpaceXTeslaMergerTalksWouldCombine30220BTC
The numbers behind the increase:
🔹 Government spending: $773B (+12%)
🔹 Federal revenue: $369B (-9%)
🔹 Customs revenue: $19.2B (-39%)
The U.S. enters fiscal 2027 with record October spending and a widening gap between revenue and expenditures.
The question for markets is how much additional borrowing will be needed to finance it?🤷♂️👀
#USPPIMissMayEaseBTCPressure
#Anthropic’s6xIPODemandSignalsPotentialRecordRaise #WhatWillDriveCryptoandStocks’NextRebound? #BitcoinBreaksBelow200WeekMovingAverage $BTC $XAU $ETH #SpaceXTeslaMergerTalksWouldCombine30220BTC
