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...

Coinatory news

Comments

Post a Comment

Popular posts from this blog

Bitcoin news

Image
Bitcoin news section contains news about bitcoin - the main cryptocurrency. While the crypto world has a vast variety of cryptocurrencies, bitcoin has around half of it, at least, by capitalization on the cryptocurrency market. The same story with the cryptocurrency news - bitcoin news plays an important role here and there are lots of them daily, comparing to the other coins. While being the first of a kind, bitcoin is not becoming outdated as the core development team is constantly working on improvements of its code and network. But ... Read more about " Bitcoin news " on coinatory.com
Read more

Bybit & Dogs Wednesday Airdrop: Exclusive Rewards for New Users

Image
Bybit & Dogs Wednesday Airdrop: Exclusive Rewards for New Users Get ready for an exciting chance to win in our Wednesday Airdrop event, where everyone walks away with something! Don't miss out—claim Dogs coins now! 100% Win, First Come, First Served Event Dates: August 21, 2024, 10 AM UTC to August 27, 2024, 11:59 PM UTC Step-by-Step Guide: If you don't have a Bybit account. You can register here Register here Total Net Deposit ≥ $100. You will get 4 chances in the Lucky Draw. (Exclusive for ... Coinatory crypto news
Read more

What is Zcash?

Image
Many countries around the world are increasingly adopting cryptocurrency due to its speed and privacy feature that keeps transactions safe and secured. However, it is not all cryptocurrencies that guarantee privacy to users due to their design technique. For instance, the bitcoin uses a blockchain technology that serves as an open ledger, Whenever users transact, the details are stored in a block and can be tracked using the information stored by miners in the blockchain. Some cryptocurrencies are against the bitcoin"s design which exposes ... Read more about " What is Zcash? " on coinatory.com
Read more