U.Today – bull Anthony Pompliano recently sparked a wave of curiosity in the crypto community with a seemingly cryptic tweet. Pompliano’s tweet read simply “$35,770,000,000,000” – a number that immediately caught the attention of his followers and the broader crypto community. His tweet, devoid of any context, left many people wondering how to interpret it. Was it a forecast, a comment on market potential, or something else entirely? The ambiguity of the tweet sparked a wave of speculation. Moreover, major cryptocurrency exchange Gemini responded to Pompliano’s tweet with the message: “35,770,000,000,000 reasons for Bitcoin.” This response further heightened the mystery and excitement while also pointing to Bitcoin’s potential and value. At the time of writing, BTC has fallen 1.09% in the last 24 hours to $66,941.
35,770,000,000,000 reasons
Pompliano’s figure of $35.77 trillion remains significantly higher than the amount commonly discussed in everyday finance. However, seasoned observers may see this as a direct reference to one of the hottest topics in the global economy: the debt crisis. The United States alone has accumulated nearly $35 trillion in public debt, a number that continues to grow and shows no signs of slowing down. Pompliano may have been referring to the United States’ current national debt of $35.77 trillion. This may not be far-fetched, as Pompliano has previously predicted that a change in global macroeconomic policy, such as interest rate cuts and increased liquidity, could cause Bitcoin prices to rise in the coming months.card
The debt crisis highlights the potential for currency devaluation, inflation and fiscal instability. In this context, Gemini’s response demonstrates why many in the crypto community consider Bitcoin to be a hedge against conventional fiat currencies and a safety net in uncertain economic times. While the exact meaning of Pompliano’s tweet and Gemini’s response remains open to interpretation, it has undoubtedly caught the attention of the crypto community.