🚀Bitcoin ignores Moody’s US debt downgrade
Is Bitcoin the Real Safe Haven Amid U.S. Debt Turmoil?
Bitcoin shrugged off a sharp sell-off and Moody’s historic downgrade of the U.S. credit rating, rebounding to $105K.
Despite fears over rising U.S. debt and Treasury yields, BTC’s long-term outlook remains strong, supported by cautious shorting and a weakening dollar.
Analysts suggest investors still see Bitcoin as “digital gold” amid macroeconomic uncertainty. While short-term pressure persists, BTC’s resilience points to growing trust in crypto during fiscal instability. Altcoins may soon ride the wave of Bitcoin’s rally.
Could this mark a new era where Bitcoin shines as a hedge against traditional system risks?