Record US Debt Sparks Surge in Demand for Safe-Haven Assets
The rapid growth of U.S. government debt has led to increased demand for safe-haven assets like Bitcoin and gold.
The total U.S. federal debt reached a record $39.7 trillion as of the latest report, with some analysts estimating the daily increase at around $7 billion.
This growth in debt is causing concern among investors, who are seeking protection in assets with limited supply, such as Bitcoin and gold.