The U.S. national debt has just crossed into uncharted territory—hitting $38.5 trillion. This milestone underscores the scale of fiscal pressures shaping global markets. For crypto participants, such macro indicators matter because they influence currency devaluation expectations, inflation dynamics, and ultimately capital flows into alternative assets like Bitcoin and other cryptocurrencies. When traditional fiscal metrics reach these extremes, investors often reassess their portfolio allocation strategies, making it a pivotal moment worth monitoring.