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Bitcoin Performance Questioned as US National Debt Surpasses $40 Trillion

BeInCrypto ·

Despite US federal debt exceeding $40 trillion and persistent fiscal deficits, Bitcoin is trading near $80,000, significantly below its previous record high. This performance challenges the long-standing narrative that Bitcoin acts as a direct hedge against currency debasement.

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Summaries are written by AI from the original article. Not investment advice.

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