Bitcoin could be the big winner if the U.S.-Iran conflict drags on for months - CoinDesk

Bitcoin could be the big winner if the U.S.-Iran conflict drags on for months Macro strategist Mark Connors says war-driven spending, rising debt and lower interest rates could support bitcoin. What to know: - Macro strategist Mark Connors said a prolonged U.S.-Iran conflict could boost bitcoin as war-related deficit spending expands liquidity and weakens the dollar. - Rapid U.S. debt growth and potential currency debasement are likely to push investors toward alternative assets such as bitcoin, Connors said. - The Federal Reserve’s need to keep Treasury markets functioning, combined with gove

Bitcoin could be the big winner if the U.S.-Iran conflict drags on for months Macro strategist Mark Connors says war-driven spending, rising debt and lower interest rates could support bitcoin. What to know: - Macro strategist Mark Connors said a prolonged U.S.-Iran conflict could boost bitcoin as war-related deficit spending expands liquidity and weakens the dollar. - Rapid U.S. debt growth and potential currency debasement are likely to push investors toward alternative assets such as bitcoin, Connors said. - The Federal Reserve’s need to keep Treasury markets functioning, combined with gove