Yellen Warns of $34T Risk Amid Bitcoin's $1M Surge Prediction

1 min read
Source: Forbes
Yellen Warns of $34T Risk Amid Bitcoin's $1M Surge Prediction
Photo: Forbes
TL;DR Summary

Treasury Secretary Janet Yellen has issued a warning about the $34 trillion U.S. debt, which could lead to higher interest rates and increased debt servicing costs. This has fueled speculation that Bitcoin could surge to $1 million, with some experts predicting a significant rise due to potential Federal Reserve money printing. Former President Donald Trump has also shown interest in Bitcoin as a solution to the national debt, further boosting its price.

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