‘They Won’t Stop Printing’—The Real $1.8 Trillion Reason Why The Fed Is Quietly Predicted To Trigger A 'Massive' Bitcoin Price Boom To Rival 2021

Bitcoin has languished though 2026, steadying after a crash that wiped $1 trillion from the bitcoin market capitalization (and alongside fears of a existential threat).

The bitcoin price has traded at around $65,000 per bitcoin for the past six months, though the world’s largest asset manager has just revealed its seen a suddenly flip.

Now, as bitcoin’s “ultimate catalyst” hangs in the balance, a sudden U.S. federal budget deficit surge to $432 billion has fed expectations that money printing is about to send the bitcoin price sharply higher.

The U.S. federal budget deficit for July hit $432 billion, according to Treasury data reported by Reuters, the ​largest monthly deficit since March 2021 that’s catapulted the 2026 fiscal-year-to-date budget gap to $1.8 trillion.

The only two higher monthly deficits were in June 2020, at $864 billion, and in April 2020, at $738 billion, both due to pandemic-era economic ​shutdowns.

Surging deficits, adding to the U.S.’s spiralling near-$40 trillion debt pile, has been seized on by bitcoin and crypto traders as one reason why the bitcoin price could move higher in coming months.