Spending approximately 1,833 trillion won more than US government revenue

According to data from the U.S. Department of Treasury, since the fiscal year 2024 began, the U.S. government has spent $1.31 trillion (about 1,833 trillion won) more than its revenue. This figure represents an increase of $242 billion (338 trillion won) compared to the same period last year, reflecting a significant deterioration in the fiscal health of the U.S. economy.

Along with this, the U.S. Dollar Index (DXY) has fallen by more than 7% since February. It is interpreted that global investors have begun moving assets due to doubts about the long-term value of the dollar.

If the dollar's value continues to decline, there is an analysis that the potential for Bitcoin (BTC), called digital gold, to rise increases. Experts assessed, "If the status of the dollar as a safe asset is shaken, the demand for Bitcoin as a store of value could surge."

In the market, there is growing expectation that "Bitcoin will establish itself as the new safe asset in the digital age," and a trend of increased BTC purchases by institutional investors is also being captured. The weaker the trust in the U.S. dollar, the more the value of Bitcoin as an alternative asset is expected to stand out.