Investors Turn to Gold and Crypto Amid U.S. Debt Concerns

With U.S. debt reaching record highs, investors are seeking refuge in gold and Bitcoin as safe-haven assets. BlackRock CEO Larry Fink highlights this trend, noting that fears over currency debasement and rising uncertainty about financial stability are driving the shift away from traditional currencies. Experts believe this is a long-term investment strategy known as ‘debasement trade’. The International Monetary Fund (IMF) projects U.S. debt to exceed 143% of GDP by 2030, fueling demand for assets like Bitcoin and gold.