According to Fox News, Democratic lawmakers are involving the Congressional Budget Office (CBO) in efforts to counter Trump administration narratives, potentially increasing political uncertainty in Washington. This heightened uncertainty could lead to increased market volatility, particularly in the cryptocurrency sector, as traders often seek alternative assets like Bitcoin and Ethereum during periods of political instability (Source: Fox News, May 14, 2025). Crypto traders should closely monitor how this political dynamic may influence regulatory actions and capital flows into digital assets.

According to The Kobeissi Letter, the US Congressional Budget Office (CBO) has indicated that the US risks defaulting as soon as August 2025 if the debt ceiling is not increased. This situation could significantly impact market conditions and requires close monitoring by traders.

According to The Kobeissi Letter, the US Congressional Budget Office warns that the US Treasury could face default as early as August 2025 if the debt ceiling is not increased. This development poses significant risks for financial markets, potentially impacting the trading strategies of cryptocurrency investors who are sensitive to macroeconomic shifts.

According to The Kobeissi Letter, the US Congressional Budget Office (CBO) has warned that the US Treasury could face default as soon as August 2025 if the debt ceiling is not increased. This situation could significantly impact financial markets, particularly affecting US Treasury bonds and potentially causing volatility in the cryptocurrency markets as investors seek safe-haven assets.