Deep Tide TechFlow message: On July 27, CoinDesk reported that U.S. federal debt has risen to an all-time high of about $39.7 trillion, and the continued growth of debt is strengthening market focus on “currency devaluation trades,” meaning buying scarce-availability assets such as gold and BTC to hedge the risk of declines in the value of fiat currency.



The report said that against a backdrop of high debt, the U.S. has limited fiscal policy room. If an economic recession occurs later, market demand for assets outside traditional financial systems such as BTC could rise further.

Meanwhile, BTC is currently back above $65k, and ETH is performing better than BTC, indicating that its relative momentum is strengthening.
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