The US Debt at $36.2 Trillion: The Trump and Powell Conflict Ignites Market and Cryptocurrency Fears

Amid intense economic discussions and unprecedented financial figures, the US economy stands at a critical crossroads. The national debt of the United States surpassed $36.2 trillion in June 2025, and the political debate is heating up between Donald Trump and Federal Reserve Chairman Jerome Powell regarding interest rates, in a struggle that may not only affect the US budget but also the future of cryptocurrencies and the global economy as a whole.

What is the US national debt? And why should you care to know it now?

The national debt is the total amount that the US government owes to lenders, whether they are individuals, institutions, or even domestic government entities. This staggering figure not only represents a burden on the budget but is also considered a critical indicator of the government's ability to fund its programs and handle crises.