Markets News
The debt ceiling is unlikely to hold as the government faces increased pressure from interest rate payments, a potential catalyst for Bitcoin and cryptocurrencies.
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National Debt News
National debt is a public debt carried by the federal government of the country. National debt is a result of the financial borrowing of the country made to cover a deficit in the budget. There are two kinds of national debt, such as internal — which means the creditors are the residents of the country — and external — which means the creditors are from other countries. The first country in the world in terms of their national debt is Japan, and the country having the largest external national debt is the U.S. The U.S. national debt can be seen on the U.S. debt clock, set in the center of New York. In terms of cryptocurrency, Bitcoin — in some countries with a large national debt — was used as a way to store the value of money. Moreover, some countries use Bitcoin to pay its national debt.
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Cointelegraph analyst and writer Marcel Pechman explains why the downgrading of U.S. government debt will negatively impact the price of Bitcoin over the next few months.
7478 - Markets News
Two investment moguls are betting on different directions for inflation and Treasury yields, with potentially negative impacts on Bitcoin.
12273 - Markets News
Fitch downgraded the U.S. credit rating due to its government debt and potential challenges in handling its fiscal responsibilities. Will Bitcoin’s price benefit from this decision?
9767 - Market Analysis
The five-year U.S. Treasury yield reached its highest level in three months, but the typical inverse correlation-based price action with Bitcoin might not work this time.
19121 - Market Analysis
Bitcoin’s price continues to explore the lower regions of its trading range, but a drop to $25,000 seems nearly inevitable, according to derivatives data.
14508 - Opinion
You should be prepared for gradual deterioration in your quality of life — or search for alternative assets that could protect your wealth.
2153 - Video
The latest Cointelegraph Report analyzes the causes leading to the decline of the U.S. dollar as the world reserve currency and its potential implications.
4835 - News
The United States’ debt ceiling is one step closer to being raised, but Larry Fink says trust in the U.S. dollar is being eroded, which could be good news for Bitcoin.
30173 - Video
Join us as we discuss the current U.S. debt ceiling crisis and what it means for Bitcoin and the crypto market.
2140 - Market Analysis
Bitcoin bears benefit from the current macroeconomic uncertainty and are aiming for a $270 million profit if the BTC price falls below $25,000.
15787 - Market Update
BTC price action could attempt a reclaim of $30,000, analysis says, with Bitcoin climbing through its trading range.
7378 - Market Analysis
BTC’s price could be on the verge of a bullish breakout, according to derivatives data, but ultimately the macroeconomic scenario will dictate the trend.
20515 - Video
Cointelegraph analyst and writer Marcel Pechman explains how and why the U.S. Treasury is quickly running out of cash, and what that means for Bitcoin and the crypto market.
9195 - Market Analysis
Given the uncertainty in the macroeconomic environment, Bitcoin price bulls have no reason to bet against a six-week descending wedge pattern.
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