Standoff Over $28T of US Government Debt Could Rattle Bitcoin Market

cryptocurrency 3 months ago

As a pitched battle in the U.S. Congress raises the risk of the government defaulting on its $28 trillion in debt, some cryptocurrency traders are speculating whether the gridlock over raising the debt ceiling could cause a swoon in bitcoin prices. "The Hash" panel discusses bitcoin's relationship with macroeconomic trends and its thesis as a potential inflation hedge. #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: Site: Twitter: LinkedIn: Instagram: Facebook: Newsletters: CoinDesk Podcast Network: Markets Daily Crypto Roundup: CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.
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