According to Bitcoin Treasury, Jim Ferraioli, an analyst at major US financial firm Charles Schwab, stated, "US debt is currently $40 trillion, which is larger than the entire US economy. This makes it highly likely that the 'Debasement Trade' (a trade defending against currency devaluation), which involves betting on currency value decline and inflating assets, will come to the forefront. This environment could become fuel for Bitcoin's rise towards the end of the year."
