Debt concerns may have helped bitcoin and gold rally to record highs amid elevated interest rates worldwide. https://www.coindesk.com/resizer/EfkhI4Su0Jt0u2yq3y4ij3iV8cw=/975x650/filters:quality(80):format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/52VCZVVJ5FDBJLCHNLFKU6ZUXU.jpg
The U.S. national debt, which surpassed the $34 trillion mark at the beginning of 2024, has been a focal point of discussions, with experts highlighting its potential influence on the trajectory of Bitcoin and gold prices. The convergence of rising debt levels and geopolitical uncertainties has been cited as a contributing factor to the resilience of these assets, which have surged to new record highs, with Bitcoin surpassing $70,000 and gold exceeding $2,000.