🚨 MACRO SHOCK ALERT: US BANKRUPTCIES HIT 15-YEAR HIGH! 🚨
The US economy is flashing major red flags that the mainstream media is ignoring.
The data is undeniable: 717 large US companies have filed for bankruptcy YTD, marking the highest level in 15 years and a rate typically associated with a recession.
What does this mean for Crypto?
* Systemic Stress: This level of corporate failure signals deep stress from higher interest rates, tighter credit, and economic slowdown.
* Flight to Safety (Digital Gold): Historically, a loss of confidence in the traditional financial system can drive capital toward decentralized assets like Bitcoin, solidifying its "digital gold" narrative.
* Short-Term Liquidity Risk: Failures in the legacy financial world can sometimes cause broad market panic, forcing investors to liquidate all assets (including crypto) for cash in the short term.
My Take: Don't dismiss this as "old economy" news. These numbers reflect the real pressure on risk assets globally. Maintain a long-term view, but be ready for volatility.
#USBankruptcies #RecessionWatch #Bitcoin #Macro #BinanceSquare