2024

Value

Bitcoin

when

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/expert-predicts-bitcoins-long-term-value-surge-amid-rising-us-debt/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Expert Predicts Bitcoin’s Long-Term Value Surge Amid Rising US Debt</a><br></p>
<p style="text-align: justify">Macroeconomic expert Lyn Alden views Bitcoin very positively in the long term due to the increasing interest payments on the US government’s national debt exceeding $35 trillion.</p>
<h2 id="long-term-expectations">Long-Term Expectations</h2>
<p style="text-align: justify">In her latest newsletter, Alden noted that Bitcoin shows a high correlation with global liquidity and expects this trend to continue.</p>
<blockquote>
 <p>“My five-year outlook is very positive, but volatility should be considered in portfolio sizes.”</p>
</blockquote>
<p style="text-align: justify">Alden believes that the US government will face structurally high deficits in the coming years, which could lead to an increase in Bitcoin’s value in the long term. Referring to <a href="https://newslinker.co/how-does-artificial-intelligence-work/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">data</a> from the Congressional Budget Office (CBO), she stated that the US national debt could reach $55 trillion within a decade.</p>
<h2 id="rising-interest-payments-and-economic-impacts">Rising Interest Payments and Economic Impacts</h2>
<blockquote>
 <p>“This means adding more than $20 trillion in new public debt over the next 10 years.”</p>
</blockquote>
<p style="text-align: justify">According to Alden, the interest payments on the rising national debt are stimulating the US economy and increasing global liquidity, creating a favorable environment for Bitcoin.</p>
<blockquote>
 <p>“Interest payments from the federal government to the private sector have stimulated some parts of the economy. The economy performed better than expected, and inflation struggled to fall to the 2% target.”</p>
</blockquote>
<h2 id="current-financial-situation">Current Financial Situation</h2>
<p style="text-align: justify">According to Treasury Department data, the US government is paying $763 billion in interest on its debt for the 2024 fiscal year. This was recorded as the second-largest government expenditure right after Social Security.</p>
<p style="text-align: justify">At the time of writing, Bitcoin was trading at $56,730 with a daily increase of 3.35%.</p>
<p style="text-align: justify">In conclusion, macroeconomic expert Lyn Alden’s statements indicate that the increasing interest payments on the US national debt could boost Bitcoin’s long-term value. Increased liquidity and structural deficits may contribute to Bitcoin’s value appreciation. These assessments could increase investors’ interest in Bitcoin and be considered when forming long-term <a href="https://finance.coin-turk.com/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">investment strategies</a>.</p>
<p>The post <a href="https://en.coin-turk.com/expert-predicts-bitcoins-long-term-value-surge-amid-rising-us-debt/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Expert Predicts Bitcoin’s Long-Term Value Surge Amid Rising US Debt</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Expert Predicts Bitcoin’s Long-Term Value Surge Amid Rising US Debt

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