Grayscale reports that Bitcoin demand is surging as the U.S. budget deficit is projected to hit $5 trillion, raising doubts about the stability of the fiat system. Amid loose monetary policy and ballooning national debt, more investors are turning to Bitcoin as “digital gold” to hedge against fiscal risks and inflation. Grayscale believes the shift from traditional assets to crypto will accelerate if confidence in the U.S. dollar continues to decline.