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US Debt Nears $38T as Bitcoin, Gold Soar to Record Highs

Catenaa, Thursday, October 09, 2025-The US national debt has surged to $37.88 trillion, growing roughly $6 billion daily, while investors flock to Bitcoin and gold amid dollar weakness and political gridlock.

Bitcoin hit $125,000 and gold topped $3,924 per ounce this week, reflecting a rush into alternative assets as the government shutdown fuels uncertainty.

The debt increase represents $283,098 per US household, with interest payments on marketable debt reaching $241.26 billion annually.

Analysts note that safe-haven assets are rallying in unusual tandem with equities, as gold, silver, and Bitcoin all enter the top 10 largest global assets by market capitalization. Bitcoin’s $2.5 trillion valuation and gold’s $26.3 trillion total highlight rising investor concern over long-term dollar debasement.

Political instability and fiscal paralysis have intensified the move.

The ongoing government shutdown has furloughed 800,000 federal employees and left 700,000 unpaid, delaying economic data releases and pushing investors toward cryptocurrencies and precious metals.

Bitcoin has outperformed the S&P 500 by 88% since 2020, while Ethereum climbed above $4,600, lifting total crypto market capitalization to $4.35 trillion.

Analysts warn that Bitcoin’s rally may enter a blow-off phase, with a potential peak between $140,000 and $155,000 before a major correction.

Critical support at $106,000 must hold to maintain the upward trajectory. Market watchers highlight growing institutional adoption and broader monetary trends as key drivers for continued crypto demand, even as US debt pressures and economic uncertainty mount.