How would a US debt default affect Bitcoin?

Macro Markets, hosted by crypto analyst Marcel Pechman, airs each Friday on the Cointelegraph Markets & Analysis YouTube channel and explains complicated ideas in layperson’s phrases, specializing in the trigger and impact of conventional monetary occasions on day-to-day crypto exercise.

The dangers of a United States debt default are the primary subject of this week’s present, which comes from none aside from Treasury Secretary Janet Yellen. Yellen warned of potential mass unemployment, fee failures and broad financial weak point if the U.S. didn’t pay its money owed. This problem emerges each couple of years, creating some pressure inside Congress, however in some unspecified time in the future, they comply with increase the debt restrict. So, no hurt carried out, proper?

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