Bitcoin investors are bullish on the US Fed’s $100B loss

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The story "Bitcoin investors are bullish on the US Fed’s $100B loss" was covered 1 weeks ago by Coin Telegraph, a news publisher based in United States.

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Coin Telegraph 1w ago

Bitcoin investors are bullish on the US Fed’s $100B loss - Coin Telegraph

Quick Summary:

The debt ceiling is unlikely to hold as the government faces increased pressure from interest rate payments, a potential catalyst for Bitcoin and cryptocurrencies.

This can be attributed to the expansionary measures implemented in 2020 and 2021 when the central bank aggressively acquired bonds to stave off a recession.

Related: How do the Fed’s interest rates impact the crypto market?