Macroeconomic indicators do not look very positive. The US economy has not reduced inflation to the desired levels, nor does it have the desired rate of decline. This situation leads to a fed-controlled economy in the US economy. Of course, these conditions cause a process that is contrary to the spirit of the US economy. The rise of the US dollar not only stagnates its own economy, but also has an impact on the entire hinterland that trades in US dollars. So why is all this a US-centered discourse? In the past years, when China pushed the crypto world out of its borders, almost all #Bitcoin producers moved to the USA and some to other suitable locations. The crypto world, which is a decentralized economy, has become a US-based market. Afterwards, the Russian and Ukrainian war turned crypto into an American-centered market, so to speak. Therefore, the crypto market has become a new area where the US economy will impose its own economy and conditions on the world. We saw this more clearly during the 2020 and 2021 pandemic period. At that time, the USA attracted all the money floating around the world into its economy, thanks to crypto, #Binance , coinbase and similar markets. I think this situation will continue until before the US elections.

On the other hand, Europe hopes to turn the existing situation to its advantage. That's why interest rates were reduced in June. China is trying to balance this situation through Hong Kong. China is a truly large economy, and although it appears to be a communist structure, it follows a relatively liberal economic policy. In this case, while China is making its economy a producing economy, it is making it dependent on other economies to sell the goods and services produced as a market.

India continues to fight illegally in the crypto field like its other partners (China, Russia....). The economic situation follows a similar trend to China. In other words, crypto is involved and involved in the backroads.

As a result, the crypto market will rise as the US economy opens its mouth before the election. It's been a while. I hope it was helpful.

🌐 Cambridge: 38% of global Bitcoin mining now in the U.S.

Cambridge University reports that the U.S. mines approximately 38% of all Bitcoin, reflecting its rise as a key hub in the industry✨

Other countries are mining:
🇨🇳China - 21%
🇰🇿Kazakhstan - 13%
🇨🇦Canada - 6%
🇷🇺Russia - 5%
🇩🇪Germany - 3%
🇲🇾Malaysia - 3%
🇮🇪Ireland - 2%
🏳️Other - 9%

This increase follows China's mining crackdown and benefits from the U.S.'s energy availability and favorable regulations