There are talks among US politicians and economists about the country defaulting on its national debt. Congress usually approves raising the debt ceiling, so I don't see what's the issue here. But if somehow the US defaults, how would the crypto market react? Positively or negatively? The USD is the reserve currency of the world, so it's likely everything (stocks, crypto, etc) will crash alongside it.
What do you think? Is a US default good or bad for crypto in the short term? Your input will be greatly appreciated. Thank you.
shorterm i think this is not good for crypto market. agree, if the US defaults i think bitcoin and altcoin price will fall deeply. But i don't know how about the currency itself. What do you think? Is a US default good or bad for crypto in the short term? Your input will be greatly appreciated. Thank you.
are we going to the stone age? trading some gold and oil
Gold and Bitcoin will rise in price very strongly.
i hope so, but i don't believe it will come true