What Does Record $38 Trillion US Debt Mean for Cryptos?

Date:

The United States has added $1 trillion to its national debt in just 48 days, according to recent reports. This comes after Elon Musk’s criticism of the Trump administration’s debt policy.

To make an already worrisome deficit even worse, Elon Musk singled out the newly passed One Big Beautiful Bill Act.

Despite emerging as the most significant macroeconomic factor, the mainstream discourse largely overlooks it. Bitcoin, Ethereum, and DeFi have evolved beyond mere betting instruments.

Instead, they serve as foundational safeguards against a fractured financial framework.

Record US Debt Ahead of Spending Limit Debate

The increase in US debt amounts to approximately $21 billion each day.

That underscores the concerns previously raised by experts in the field, indicating that the traditional monetary system is on an unsustainable trajectory, while digital assets could serve as a protective measure.

Since Trump’s One Big Beautiful Bill…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...