According to Crypto Rover, the U.S. national debt has reached an unprecedented $37 trillion as of June 20, 2025 (source: Crypto Rover on Twitter). This new high in sovereign debt is fueling increased discussion among traders about Bitcoin (BTC) as a hedge against fiat currency devaluation. Historically, spikes in U.S. debt have correlated with heightened interest in cryptocurrencies, particularly BTC, as investors seek alternative stores of value and inflation protection (source: Crypto Rover, June 20, 2025). This development may drive short-term BTC price volatility and increased trading volumes, as market participants reassess risk exposure to traditional assets.

According to Crypto Rover, Senator Cynthia Lummis has proposed that the U.S. should pass the Bitcoin Act to significantly reduce the national debt by half. This development is considered bullish, potentially impacting Bitcoin's market perception positively. Such political support may enhance Bitcoin's adoption and integration into mainstream financial systems, influencing market dynamics and investor sentiment.

According to Crypto Rover, the U.S. government is paying $3 billion daily in interest on national debt, equating to $27 per taxpayer. This financial strain could influence cryptocurrency markets as investors seek alternative assets in case of economic instability, reflecting potential price volatility.