The Fed’s Debt Crisis: Could It Fuel Bitcoin and Altcoin Boom?

A recent market report highlights the escalating U.S. federal debt, which has climbed significantly over the past four years. The Weiss Ratings, a reputable platform for credit analysis, reports that interest payments constitute half of the federal deficit. Notably, the total national debt has reached $34 trillion, a staggering increase of $11 trillion in just four years – the fastest growth ever recorded. This trend was further amplified by JPMorgan Chase CEO Jamie Dimon’s remarks concerning the emerging U.S. debt market crisis.