BlackRock says rising U.S. debt and deficits are strengthening Bitcoin’s hedge case

BlackRock (NYSE: BLK) says Bitcoin’s latest move is tied more closely to America’s debt load than to another crypto policy fight. The U.S. total has now moved past $40 trillion, and BlackRock digital assets chief Robbie Mitchnick says that backdrop is pushing some investors toward Bitcoin as protection against fiscal pressure. Robbie told reporters that...