The United States recently passed a significant bill that approved a deficit spending of up to 3 trillion dollars while raising the debt ceiling. This decision has triggered a series of chain reactions, the most notable of which is the unusual activity in the Bitcoin market.



Against the backdrop of the U.S. government's expansion of fiscal spending, international rating agency Moody's has downgraded the credit rating of the U.S. dollar. This move seems to have driven investors to seek alternative assets, resulting in Bitcoin's price skyrocketing by 18% in just one week.

Analysts point out that the core logic behind the rise in Bitcoin prices may include two aspects: first, the national level has locked in about 200,000 Bitcoins, reducing market circulation; second, there has been a surge in global demand for hedging, which has increased the value of Bitcoin as digital gold.

The behavior of institutional investors also confirms this trend. Data shows that Bitcoin ETFs attracted $520 million in inflows within a week. Even more noteworthy is that a media group announced it would raise $2.5 billion to purchase Bitcoin, further stimulating market sentiment.

However, market observers remind investors that although Bitcoin has performed strongly recently, the cryptocurrency market has always been highly volatile, and investors should cautiously assess the risks. At the same time, changes in government policies and regulatory environments may also have a significant impact on Bitcoin's future trends.

As global economic uncertainty increases, the role of Bitcoin as an emerging asset class is continually evolving. Investors and policymakers are closely monitoring this development trend and its potential long-term impact on the traditional financial system.
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tx_pending_forevervip
· 07-06 04:45
The bull run has started bullish.
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DaoResearchervip
· 07-05 18:31
The positive data is clear evidence.
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staking_grampsvip
· 07-03 17:58
Continue to be bullish on Bitcoin
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DeFiChefvip
· 07-03 09:49
Interest rate hikes are the biggest Favourable Information.
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SchrodingerPrivateKeyvip
· 07-03 09:48
The faith in the dollar is dead.
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GateUser-74b10196vip
· 07-03 09:46
BTC is supposed to rise.
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GetRichLeekvip
· 07-03 09:39
Must get rich quickly this time.
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ShamedApeSellervip
· 07-03 09:32
Buying Bitcoin is a sure profit.
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OneBlockAtATimevip
· 07-03 09:28
The dollar weakens, Bitcoin strengthens.
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CounterIndicatorvip
· 07-03 09:25
Cut Loss and buy the dip is very normal.
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