Bitcoin Is Rallying on US Deficit Concerns_ Not Hype: Analyst

Bitcoin is rallying on US deficit concerns_ not hype: Analyst

Bitcoin has become a macro asset hedge against a $7 trillion deficit swing in the US and understanding that could be key to figuring out where the price is going. ...

Bitcoin Rally Fueled by Fiscal Anxiety as U.S. Debt Balloons

According to 10x Research’s Markus Thielen, the cryptocurrency has evolved into a macro hedge, increasingly treated like gold amid growing concerns about runaway deficit spending. The shift comes as the U.S. faces a historic budget crisis. President Donald Trump’s recently passed spending bill, which promised fiscal responsibility, is instead projected to increase the national deficit by up to $7 trillion over the next decade. This reversal has …

Bitcoin Emerges As Fiscal Safety Net - The Cryptocurrency Post

TL;DR Bitcoin’s surge past $120,827.27 reflects growing investor demand for assets that can withstand the impact of the United States’ swelling deficit, now facing a potential $7 trillion swing. Analysts point to upcoming crypto-focused legislation and the Federal Reserve’s expected rate cut as additional drivers. With a 24-hour gain of 1.54% and a market cap near $2.4 trillion, Bitcoin’s status as a macro hedge deepens. While Bitcoin was once …

Bitcoin Soars $15K Post-Spending Bill as Dollar Slides, Kobeissi Letter Notes

Bitcoin’s unprecedented surge, diverging sharply from traditional economic indicators like a weakening U.S. dollar and rising deficits, signals a market in “crisis mode,” according to an X analysis from financial newsletter The Kobeissi Letter. Deficit Spending Drives Bitcoin Rally Into ‘Abnormal’ Territory, Kobeissi Letter States The Kobeissi Letter, a subscription service providing fundamental and technical... The post Bitcoin Soars $15K Post-…

Bitcoin’s Boom Tied to US Spending Fears, Not Crypto Hype

The recent rise in Bitcoin’s BTC price is being linked to concerns over US government spending, rather than excitement about cryptocurrency itself, according to Markus Thielen, Head of Research at 10x.