*United States Crypto Financial News*

- *US National Debt*: The growing US national debt could drive mass adoption of Bitcoin and other cryptocurrencies ¹. The national debt surpassed $35 trillion, raising concerns about the health of the economy and could strengthen the adoption of Bitcoin as a safe-haven asset.

- *Bitcoin Price*: The price of Bitcoin could be on track to break out of its current range in September, according to cryptocurrency analyst Rekt Capital ¹. Bitcoin price has risen more than 8.3% in the last month, trading just above $66,000.

- *Cryptocurrencies in decline*: Cryptocurrencies fell up to 3.5% in the last 24 hours, with Bitcoin trading below USD 67,000². Other cryptocurrencies such as Ethereum, Solana and Ronin are also trading at losses.

- *US Government Intervention*: The US Government moved seized BTC worth $2 billion, raising concerns about oversupply in the market². The transfer of 10,000 BTC worth $670 million was a deposit to an institutional custody or service.

- *Bitcoin 2024 Conference*: Donald Trump spoke in favor of the cryptocurrency market at the Bitcoin 2024 Conference, which generated a rally in the price of Bitcoin ². However, the market is very attentive to what the Federal Reserve (Fed) has to say this Thursday.#btc $BTC