Gold

Elon Musk

America’s national debt has climbed to an eye-watering $37.9 trillion, growing by roughly $69,890 per second — or $6 billion every day, according to the U.S. Congress Joint Economic Committee. The pace of this increase is alarming investors and economists alike, with projections showing the total figure could exceed $38 trillion within the next 20 days.
U.S. Representative Keith Self sounded the alarm on Friday, <a href="https://www.jec.senate.gov/public/index.cfm/republicans/debt-dashboard#mdu" rel="noopener noreferrer nofollow">warning</a> that the national debt could hit $50 trillion within a decade if immediate fiscal reforms aren’t introduced. “Congress must act now — demand fiscal responsibility before the gradual slide becomes a sudden collapse,” he urged.
The mounting debt crisis has sparked renewed interest in safe-haven assets such as Bitcoin and gold, which investors view as hedges against a weakening U.S. dollar and inflationary pressures. The trend, often dubbed the “debasement trade,” has accelerated sharply in recent weeks.
<h2 id="span-style-font-weight-400-bitcoin-and-gold-hit-record-highs-span">Bitcoin and Gold Hit Record Highs</h2>
Last week, <a href="https://thecoinrise.com/jpmorgan-meets-sec-to-discuss-blockchains-role-in-capital-markets/" rel="noopener noreferrer nofollow">JPMorgan reaffirmed its stance on Bitcoin</a> and gold as prime assets to protect against currency debasement. The statement coincided with Bitcoin reaching a record $125,506 on Saturday and gold touching $3,920 on Sunday — both marking historic highs.
Bitcoin’s appeal lies in its fixed supply of 21 million coins and decentralized structure, qualities that have increasingly drawn institutional investors. BlackRock CEO Larry Fink, once a Bitcoin skeptic, acknowledged in January that Bitcoin could climb as high as $700,000, driven by “global currency debasement fears.”
Meanwhile, Ray Dalio, founder of Bridgewater Associates, advised investors to allocate 15% of their portfolios to hard assets like Bitcoin or gold to optimize long-term returns. Dalio noted that this isn’t just a U.S. issue, warning that nations like the U.K. are also stuck in a “debt doom loop,” making digital and tangible assets more attractive as global hedges.
<h2 id="span-style-font-weight-400-global-debt-hits-new-record-span">Global Debt Hits New Record</h2>
The U.S. fiscal challenge reflects a broader global pattern. A recent Reuters <a href="https://www.reuters.com/world/china/global-debt-hits-record-nearly-338-trillion-says-iif-2025-09-25/" rel="noopener noreferrer nofollow">report</a> revealed that global debt reached $337.7 trillion by the end of the second quarter — the highest in history — driven by sustained quantitative easing and a softening dollar.
The Trump administration has prioritized deficit reduction, bringing in Elon Musk earlier this year to advise on government efficiency, reportedly saving $214 billion. In July, <a href="https://thecoinrise.com/bitcoin-eyes-40-gains-as-trumps-spending-bill-advances/" rel="noopener noreferrer nofollow">Trump signed the “Big Beautiful Bill Act,”</a> aimed at cutting $1.6 trillion in federal spending.&nbsp;
However, implementing the measure has paradoxically pushed the national debt past $37 trillion, with an additional $3.4 trillion in costs expected over the next decade.
The post <a href="https://thecoinrise.com/as-u-s-debt-nears-38-trillion-investors-rush-to-bitcoin-and-gold/" rel="noopener noreferrer nofollow">As U.S. Debt Nears $38 Trillion, Investors Rush to Bitcoin and Gold</a> appeared first on <a href="https://thecoinrise.com/" rel="noopener noreferrer nofollow">TheCoinrise.com</a>.

As U.S. Debt Nears $38 Trillion, Investors Rush to Bitcoin and Gold

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