The US government is now $39.7 trillion in debt. That number hit on July 25, and it’s growing at roughly $7 billion per day. Bitcoin, trading just above $65,000, is catching a bid from investors who see a simple math problem: you can’t print more Bitcoin, but you can absolutely print more dollars. The debasement trade gains momentum The US debt-to-GDP ratio has now surpassed 120%. US debt crossed $39 trillion around March 2026. By mid-May, it had climbed to $39.01 trillion. Two months later, it added another $700 billion. Fiscal deficits are projected to reach $1.9 trillion for fiscal 2026. That’s not a recession-era emergency number. That’s a business-as-usual number. Bitcoin has recently traded in a range between $64,800 and $65,500. Why this time feels different Torsten Slok of Apollo has pointed to a troubling landscape regarding fiscal policy flexibility, suggesting the government’s ability to maneuver through upcoming fiscal challenges later in 2026 is increasingly constrained. The LondonCryptoClub team has been vocal about expecting the debasement narrative to strengthen as debt acquisition accelerates. Their thesis is straightforward: the faster the debt grows, the harder i...
Investors turn to Bitcoin amid fears of US dollar devaluation
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