US debt tops $40T stoking debate on what it means for Bitcoin
Analysts say the $40 trillion debt milestone could bolster Bitcoin’s long-term case, even as Treasury yields, dollar strength and liquidity remain key near-term drivers.
Coins in this story
Discussion
Related stories
Bitcoin blasts past $72,000 as Trump, Treasury buybacks wipe out $3.1B in shorts
Bitcoin surged above $70,000 for the first time since June as falling Treasury yields and Washington’s crypto push crushed bearish bets. Data from CryptoSlate shows that BTC extended its breakout above $72,000 on Thursday, taking its gain since Monday to roughly 15%. It has climbed to $72,207 as of press time.…
Bitcoin ETFs Add Over $1B as Investor Sentiment Turns Bullish
Bitcoin Magazine Bitcoin ETFs Add Over $1B as Investor Sentiment Turns Bullish Investors have been buying shares in the American funds this week. This post Bitcoin ETFs Add Over $1B as Investor Sentiment Turns Bullish first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
Coinbase CEO Brian Armstrong Says Bitcoin Will Likely Hit $400,000 By 2030
Bitcoin Magazine Coinbase CEO Brian Armstrong Says Bitcoin Will Likely Hit $400,000 By 2030 Coinbase CEO Brian Armstrong has said that it’s “very likely” Bitcoin will hit between $300,000 to $400,000 by 2030. Speaking on Fox Business Thursday, the crypto entrepreneur also said that the U.S. was moving in the right…