Bitcoin Investors Optimistic About US Fed Losing $100 Billion

THE debt ceiling East unlikely has socket as THE government faces increase pressure Since interest rate Payments, A potential catalyst For Bitcoin And cryptocurrencies.

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THE WE. Federal Reserve do A significant announcement on Seven. 14, developer accumulated losses of $100 billion In 2023. What is this more, This situation East expected has to get worse For THE Fed, according to to Reuters. But For risk assets as Bitcoin (BTC), This can In fact be A blessing In disguise.

THE fed In THE red

THE primary reason behind This financial reverse East that THE interest Payments on THE The Fed debt to have exceeds THE earnings generated Since It is assets And THE services he provides has THE financial sector.

As A result of This development, investors are NOW interference has to input how This will impact interest rates And THE request For provable rare assets as BTC.

fed earnings fund transfers due has THE WE. Treasury, USD (millions). Source: St. Louis Fed

A few analysts are of THE notice that THE The Fed losses, which begin A year There is, could potentially double by 2024. THE central bank categorized these negative results as “deferred assets," argue that There is No immediate need has blanket them.

THE fed used has generate income For WE. Treasury

Historically, THE Federal Reserve has has been A profitable institution. However, THE absence of profits do not hinder THE central banks ability has to drive monetary policy And reach It is goals.

Related: How to TO DO THE The Fed interest rates impact THE crypto market?

THE do that THE The Fed balance ...