BlackRock's Mitchnick Says Bitcoin's Macro Case Is Strengthening as US Debt Passes $40 Trillion
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The United States' total public debt crossed $40.035 trillion on August 24, Treasury Department data show. Robert Mitchnick, BlackRock's head of digital assets, says that number, rather than Washington's stalled crypto legislation, is what moves bitcoin from here. Mitchnick said this week that the fiscal situation is the most important fundamental driver bitcoin has ahead of it. He pointed to:
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