Public Sector Net Borrowing (PSNB) — UK measures how much money the UK government needs to borrow in a month to cover the gap between its spending and income (mainly from taxes). Higher borrowing can signal economic stress or increased government spending, which may weaken the British pound and sometimes boost interest in alternative assets like crypto and Bitcoin as investors seek hedges against currency risk or inflation.
Calendar Public Sector Net Borrowing — UK
Public Sector Net Borrowing — UK
History, bitcoin reaction and upcoming dates
How bitcoin, the S&P 500 and Nasdaq reacted
Percentage change from the start of the selected period.