The US debt ceiling, which limits the government's borrowing capacity, is back in focus as the country is set to hit its debt limit of $36 trillion on Tuesday. While this may concern investors, past experiences suggest it could have a positive impact on bitcoin and other risk assets. The US Treasury will implement "extraordinary measures" to buy time until at least March 14, which could include using the Treasury General Account (TGA) to meet expenses. The previous use of the TGA during a debt ceiling episode in early 2023 positively affected risk assets, including bitcoin. The drawdowns in the TGA have often coincided with bitcoin bull runs, indicating an inverse correlation between the two.



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