Bitcoin rallies 23% amid US debt policy concerns
politics
Bitcoin jumped roughly 23% as markets reacted to growing concerns about U.S. debt policy and fiscal stability. The surge reflected investors reallocating into bitcoin as a perceived hedge or alternative store of value, driving heavier inflows and trading activity. The key implication is that bitcoin’s price is increasingly sensitive to U.S. fiscal and policy shocks, meaning future debt-related volatility could be a major driver of demand and price swings.
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