US debt ceiling crisis: Bullish or bearish for Bitcoin? By Cointelegraph
May 20, 2023
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© Reuters.
The United States has hit its $31.4 trillion debt ceiling and is running out of money.
As Treasury Secretary Janet Yellen pointed out, the debt ceiling needs to be lifted before June 1. Otherwise, the country risks missing its debt obligations due to Treasury bondholders, thereby defaulting on its sovereign debt.
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© Reuters.
The United States has hit its $31.4 trillion debt ceiling and is running out of money.
As Treasury Secretary Janet Yellen pointed out, the debt ceiling needs to be lifted before June 1. Otherwise, the country risks missing its debt obligations due to Treasury bondholders, thereby defaulting on its sovereign debt.
Continue Reading on Coin Telegraph
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