Bitcoin holds $65k as US debt hits $39.5 trillion creating Bitcoin’s next liquidity test for August 3
US gross federal debt hit $39.489 trillion on July 15, with Treasury planning to borrow $671 billion in Q3. Bitcoin held near $65,000 as the 10-year Treasury yield was around 4.60%. On Aug. 3, Treasury will revise Q3 borrowing estimates, which could impact Bitcoin's price.
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