#USNationalDebt
The growing national debt of the United States, which has reached a record $37 trillion, and the fact that 25% of tax revenue is used to pay interest alone, is a macroeconomic factor that raises concerns and will undoubtedly have significant implications for cryptocurrency markets.
The main concern is inflation. Such massive borrowing is often associated with an increase in the money supply in the long term or with a perception of fiat currency devaluation. In this scenario, investors, both institutional and retail, tend to seek assets that serve as a hedge against inflation and the loss of purchasing power of the dollar. Historically, gold has been the traditional haven, but Bitcoin (BTC) has emerged strongly as "digital gold", a limited supply and decentralized asset that makes it an attractive alternative. A weakened or at risk of devaluation US dollar could drive more capital into Bitcoin and other cryptocurrencies as a store of value.
