USA Debt at $40 Trillion: Why Bitcoin Rose 20% in a Month

KEY TAKEAWAYS

• The US public debt has surpassed $40 trillion for the first time
• The dollar has recorded the worst week in August, falling to a three-month low
• Bitcoin has gained over 20% in 30 days, reaching $81,281 this week
• Grayscale: debt growth drives investors towards assets like Bitcoin and gold
• The US Treasury has announced buyback operations to support liquidity