Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Bitcoin is a Key Asset for Managing National Debt – Tom Lee

Bitcoin is a Key Asset for Managing National Debt – Tom Lee

CryptodnesCryptodnes2024/11/10 07:55
By:Cryptodnes

Tom Lee, Head of Research at Fundstrat, recently highlighted Bitcoin's potential as a strategic asset for managing national debt.

He suggested that as the U.S. faces mounting fiscal challenges, Bitcoin could serve as a “Treasury reserve asset,” helping to offset liabilities and ease pressure on the growing national deficit.

According to Lee, traditional approaches like tax adjustments and spending cuts may not suffice, and Bitcoin’s rising value could play a critical role in stabilizing the economy.

Lee also shared his outlook for Bitcoin and small-cap stocks, noting that his team has been closely monitoring market trends, particularly in the wake of election-related volatility.

READ MORE:
Staking Could Make Ethereum ETFs More Competitive with Bitcoin

He sees the post-election period as favorable for Bitcoin, with the potential for the cryptocurrency to reach $150,000 by year-end as regulatory concerns diminish and post-halving momentum builds.

Looking ahead, Lee expects the post-election rally to continue, driven by improved investor sentiment and favorable economic conditions.

He anticipates that this optimism will support risk assets like Bitcoin, fueling further investment and potential price growth. Additionally, Lee sees a stabilization in market volatility, which could drive broader market confidence and contribute to sustained momentum for cryptocurrencies.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

WLFIUSDT now launched for pre-market futures trading

Bitget Announcement2025/08/23 13:50

New spot margin trading pair — SAPIEN/USDT!

Bitget Announcement2025/08/22 10:56

Bitget Will Delist MKR on 2025-08-22

Bitget Announcement2025/08/22 10:15