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US Government Debt as a Share of GDP:
1974: 31%
2024: 123%
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Despite a minor recovery towards the end of the week, the recent decline in Bitcoin occurred against the backdrop of continued growth in the S&P 500 and stocks. This is a rare occurrence over the past 3 years, when most cryptocurrencies have risen in tandem. Bitcoin's lag suggests that it may face a period of bullish catch-up growth in the future.
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