Why is Crypto Going Up Today ?

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July 11, 2025 05:57:39 UTC

Why Crypto Market is Up Today?

Despite no rate cuts expected in 2025 and rising trade tensions, the U.S. dollar is falling. This unusual market move comes as national debt nears $37 trillion, with a new ceiling set at $41.1 trillion. Investors are losing faith in fiat currency. Elon Musk, backing the new “America Party,” said, “Fiat is hopeless, so yes,” when asked if they support Bitcoin. His comment reflects growing public trust in crypto. Bitcoin has already surged over 100% since 2021, and with U.S. fiscal issues worsening, many see it as the future of money.

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