Trump: Using inflation to reduce $40 trillion in debt, the narrative around Bitcoin's devaluation trade is heating up
2026-10-03 19:52:14
According to CoinMeta, Trump stated that a certain degree of inflation could quickly repay the $40 trillion in debt, and market interest in hedging against the depreciation of fiat currency through Bitcoin has increased. The scale of the U.S. federal debt has exceeded $40 trillion. Both Trump and U.S. Treasury Secretary Scott Bessent and Elon Musk have mentioned that technology-driven economic growth is a way to address debt pressures. The price of Bitcoin is currently about 30% lower than its peak of $126,000 in December 2025.
Source:Internet
This content is for market information only and does not constitute investment advice.
Follow HKWDB official accounts to stay updated

Hot Articles
Refresh

Bitcoin October 2026 Outlook: Can the 19% Historical Gain Hold?
09-30 12:57

Dogecoin Price: Whales Buy $112M, Can DOGE Break $0.10?
09-29 12:48

What is Solidigm? Is Its $150B IPO Valuation a Bubble?
09-28 13:00

Is PAXG Stable? Is Gold-Backed Better Than Stablecoins?
09-24 18:04

ETH Rebounds to $2,800: Can It Hold $3,200 by Month-End?
09-23 11:07



