Crypto markets have always been sensitive to debt-related vows. The US national debt reached an all-time high of $34.1 trillion on Wednesday. The increasing debt has put cryptocurrencies in a difficult position. At this junction, investors might choose a decentralized option and invest more in crypto or choose the other road to keep their assets safe avoiding a much more volatile market.
U.S. national debt rises
The US national debt has reached a new all-time high milestone. The overall debt in the world’s biggest economy has now surpassed $34.1 trillion. The number poses a big concern for the country and global recovery and market sentiments in general.
Next year will also see the U.S. fighting another debt battle. The previously signed agreement to raise the U.S. debt ceiling will expire in January 2025. The federal debt of the United States has increased over the past…
