Bitcoin Approaches Golden Cross Amid U.S. Debt Concerns

Bitcoin price continues to climb near $102,750 as investors anticipate a potential bullish trend fueled by the upcoming golden cross formation and mounting concerns about the US national debt. The 50-day moving average is poised to surpass the 200-day moving average, signaling a possible shift in market sentiment. Moody’s recent downgrade of the U.S. sovereign credit rating has heightened investor focus on Bitcoin as a potential hedge against economic uncertainty. With over $36 trillion in national debt, Bitcoin’s stability is drawing interest from a market increasingly seeking safe haven assets.