Part 5/14:
The US government’s ballooning deficits—approaching nearly $1.2 trillion annually on interest payments alone—further complicate the landscape. Policymakers are stuck between managing inflation, supporting growth, and avoiding runaway debt spiral, with each choice carrying significant repercussions.
Market Data and On-Chain Metrics: A Worrying but Informative Landscape
The week has been notably bleak for crypto assets, with most major tokens trading in the red. Bitcoin has seen a modest rebound to approximately $6,100 but remains down 5.2% over the week, with Ethereum down 7%, Solana 6%, and others like XRP and ICP also in decline.