US Debt Hits Record $39.7 Trillion, Boosting Demand for Safe-Haven Assets
The U.S. federal debt has reached a record high of $39.7 trillion, growing by approximately $7 billion daily.
This trend is prompting investors to turn to Bitcoin and gold as safe-haven assets, betting on the decline of fiat currency value due to high government debt and fiscal dominance.
Experts warn that the high debt-to-GDP ratio limits fiscal flexibility in a potential recession, increasing demand for assets outside the traditional financial system like cryptocurrencies.