Bitcoin, US Debt Ceiling & Dollar Risk: Rethinking the Correlation

Bitcoin, US Debt Ceiling & Dollar Risk: Rethinking the Correlation

As U.S. lawmakers push forward a controversial $5 trillion increase in the federal debt ceiling, Bitcoin investors are watching closely—but perhaps for the wrong reasons. While some traders forecast a surge in Bitcoin prices in response to mounting U.S. debt, a closer examination of market history and macroeconomic indicators paints a more nuanced picture. Debt Ceiling Hikes: No Clear Catalyst for Bitcoin Historical data provide little sup...

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