Trump and Warren Propose Eliminating U.S. Debt Ceiling, Aiming for $4 Trillion in Spending

Sens. Elizabeth Warren (D) and Donald Trump have agreed to remove the U.S. debt ceiling, proposing a significant increase in spending of up to $4 trillion. This move would eliminate a long-standing obstacle to fiscal policy, potentially benefiting assets like Bitcoin during times of financial uncertainty. Analysts suggest that similar events in the past have seen cryptocurrencies perform well due to their perceived status as inflation hedges.