The Cointelegraph Markets & Research YouTube channel hosts Macro Markets, a show that simplifies complex financial concepts for the average person. The latest episode features Marcel Pechman, a crypto analyst, who discusses how traditional financial events impact the crypto market. In the episode, Pechman covers the risks associated with a potential United States debt default, the importance of Tesla for the cryptocurrency industry, and the mechanics of short-selling. Pechman concludes that a bailout of First Republic Bank could boost Bitcoin prices above $30,000. To access valuable content from leading crypto experts like Pechman, subscribe to the Cointelegraph Markets & Research YouTube channel and tune in every Friday for Macro Markets.
How would a US debt default impact Bitcoin?
