Bitcoin recently rebounded driven by US Treasury debt pressure

According to Coindesk, the increase in Bitcoin this week was mitigated by pressure from the United States Treasury debt market, and the White House released signals of support for the stability of the United States Treasury debt market, easing investor concerns. The analyst Pedro Fontes states that the largest global debt market, if it requires policy support, will reinforce the market ' s demand for scarce and non-dependent government debt to expand its assets, a feature that Bitcoin meets. The United States dollar index fell from 0.88 to 98.77 yesterday, a new low since May。