Debt is GOOD for Bitcoin?? Shocking insights revealed By Cointelegraph

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Debt is GOOD for Bitcoin?? Shocking insights revealed

Published Jul 25, 2023 09:00AM ET Updated Jul 25, 2023 11:00AM ET

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Debt is GOOD for Bitcoin?? Shocking insights revealed

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In the latest episode of Macro Markets, Cointelegraph analyst Marcel Pechman discusses the United States Federal Reserve’s delicate balancing act of curbing inflation without causing a recession and sheds light on the potential implications for the cryptocurrency market.

In the crypto world, the anticipation of rising interest rates could have a short-term negative impact. This may lead to a loss of confidence in the U.S. dollar, potentially resulting in a downturn for the crypto market. Nevertheless, Pechman remains optimistic about the potential of Bitcoin (BTC), highlighting its hard-locked monetary policies as a key factor in maintaining value during times of economic uncertainty.

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