#BTCBreaksATH

Weak economic data, combined with the enormous deficit pressure, has sent us a signal: the pace of expansion of U.S. debt is accelerating. The dilemma of economic weakness and stagflation has caused investors to constantly doubt the sustainability of the rise in U.S. stocks, which is also a key reason for the recent surge in bitcoin (due to its anti-inflationary effect and scarcity). This perception has spread to low-priced cryptocurrencies.