Bitcoin tackles $40,000 as Biden unveils new $6 trillion federal spending budget

[newshunter]

Bitcoin tackles $40,000 as Biden unveils new $6 trillion federal spending budget

The money printer is going brrr in the United States.

Source: Bitcoin tackles $40,000 as Biden unveils new $6 trillion federal spending budget

Would appreciate your opinion about this

[TomPluz]

The more that the federal government of the USA will be printing paper money, the more that Bitcoin can be seeing more value. Right now, we are still in the dip but soon this factor and many others can be pushing the price of BTC to new astronomical figures. The government of Joe Biden is all about spending big and to finance their ambitious big government they are using quantitative easing - producing more money in an instant. As the official international money for commercial transactions, the USA dollar is being shielded from runaway inflation, but there can be a time when the dam will burst.