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US deficit impact Flash News List | Blockchain.News
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List of Flash News about US deficit impact

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2025-05-17
12:45
US Budget Bill Failure and $2.5 Trillion Deficit: Crypto Market Impact and Trading Insights

According to @markets, the US budget bill was struck down just hours before the official release, with some Republican lawmakers demanding steeper spending cuts. The proposed budget is estimated to add over $2.5 trillion to the US deficit, as reported by Bloomberg. This development has heightened uncertainty in traditional markets, potentially increasing volatility and risk-off sentiment that could drive renewed interest in Bitcoin and other cryptocurrencies as alternative assets. Traders should closely monitor macroeconomic data and shifting risk appetite, as further fiscal instability in the US could act as a bullish catalyst for crypto market inflows (source: Bloomberg, @markets).

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