🚨 U.S. Budget Deficit Hits $291B in July 2025 - Tariff Impact on Crypto Markets 💥📉
The U.S. budget deficit surged 19% year-over-year to $291 billion in July 2025, despite a $21 billion increase in customs duties from tariffs. Tariff revenues jumped to $27.7 billion (up from $7.1 billion last year), totaling $135.7 billion year-to-date-a 116% rise. However, record government spending of $630 billion (up 10%), driven by healthcare, Social Security, and debt interest, outpaced this gain. The year-to-date deficit now stands at $1.629 trillion (up 7%).
🔍 Crypto Connection: This fiscal strain could influence interest rates and economic stability, potentially affecting crypto assets like #BTC, #ETH, and #BNB. Investors are watching closely-share your thoughts!
#USDeficit #TariffImpact #EconomicTrends #CryptoCommunity $BTC $ETH $BNB