#SaylorBTCPurchase The decline in the market's purchasing power for U.S. debt reflects people's growing concerns about the United States' ever-expanding debt and deficit. Although it may not be a panic moment at present, it is obviously a potential warning light. At the same time, it also increases the borrowing costs and pressure of the U.S. government, which must be one of the phenomena that U.S. President Trump least wants to see.
Against the backdrop of the Fed's "secret quantitative easing", the global risk market also rebounded in May, especially cryptocurrencies such as Bitcoin, which have seen the strongest gains recently. Against the backdrop of the weakening attractiveness of the U.S. dollar, some analysts believe that the low-key and unexpected nature of the Fed's operation may further accelerate the rise of crypto assets.