How the U.S. Debt Ceiling Crisis Could Drive Up Demand for Crypto-Currency

Photo by Pierre Borthiry on Unsplash

The current debt ceiling crisis could be an interesting turn of events in favor of cryptocurrency. If Congress can’t negotiate a resolution and the US defaults on it’s debts, the country’s credit rating would get downgrades, triggering a recession, and roiling markets globally. (CNBC) On the other side of the world in China, yet another major property company is…