U.S. debt and fiscal deficit concerns increased, with bitcoin falling back to $76,000. Dollar

According to Forbes, bitcoin has fallen by 10 per cent since it broke by $81,000 last month, and prices have fallen to about $76,000. The market was concerned about the United States debt, the fiscal deficit and the volatility of global financial markets, and investors were concerned about whether United States Treasury Secretary Vicente would interfere in the bond market. The president of Yardeni Research, Ed Yardeni, stated that the market was concerned that the Bond Guard had pushed up the rate of return to express dissatisfaction with government deficits, debt and the cost of interest. He expected strong demand in the bond market if the United States reached 5 per cent of annual sovereign debt. Last month, Becent pledged support to the bond market, but this week the United States rose to 4.814 per cent of its annual national debt, a new high since November 2023. As a result of the American-Iraq conflict, international oil prices returned to the vicinity of $90 per barrel, pushing up the cost of financing and the market focused on the Becent follow-up。