{"id":4031,"date":"2023-04-28T08:39:57","date_gmt":"2023-04-28T12:39:57","guid":{"rendered":"http:\/\/leadingcryptonews.com\/analysts-at-odds-over-fed-us-debt-ceiling-impact-on-bitcoin-price\/"},"modified":"2023-04-28T08:39:57","modified_gmt":"2023-04-28T12:39:57","slug":"analysts-at-odds-over-fed-us-debt-ceiling-impact-on-bitcoin-price","status":"publish","type":"post","link":"https:\/\/leadingcryptonews.com\/analysts-at-odds-over-fed-us-debt-ceiling-impact-on-bitcoin-price\/","title":{"rendered":"Analysts at odds over Fed, US debt ceiling impact on Bitcoin price"},"content":{"rendered":"
\n<\/p>\n
On April 26, House Republicans scarcely passed their bill to increase the U.S. debt ceiling. This led to analysts already weighing its potential impact on the price of Bitcoin (BTC), ranging from extremely bearish to overly bullish.<\/p>\n
Ultimately,\u00a0U.S. dollar liquidity is the key to both of these opposing viewpoint.<\/p>\n
Some analysts, including Jesse Meyers, the COO of investment firm Onramp, believe raising the debt ceiling would prompt the Federal Reserve to print more money, thus boosting capital inflows into “risky” assets like Bitcoin.<\/p>\n