US Debt Crisis Fuels Demand for Bitcoin as Investors Seek Safe Haven

The United States has added another $1 trillion to its national debt in just 48 days, bringing the total close to $38 trillion. This unprecedented borrowing spree is causing alarm bells to ring across Wall Street and the cryptocurrency world, prompting investors to search for safe haven assets. Experts emphasize that this isn’t simply a matter of soaring interest rates. Spending has exploded, reaching a staggering 44% of GDP, levels only seen during World War II and the 2008 financial crisis.