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$35 Trillion Question: Can Bitcoin Hedge Against U.S. Debt? BlackRock Thinks So

  • BlackRock highlights bitcoin's potential as a hedge against economic uncertainty amidst $35 trillion U.S. debt.
  • Federal Reserve's interest rate cut of 50 basis points causes bitcoin price to surge above $62,000.
  • BlackRock's paper describes bitcoin as a "unique diversifier" against economic and political risk.
  • BlackRock's iShares Bitcoin Trust becomes the world's largest bitcoin ETF.

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