US Debt Hit $40 Trillion. So Where Is Bitcoin’s Debasement Trade?

Crypto Insight Summary: US federal debt has crossed $40 trillion. The government is still running a deficit close to 6% of GDP. Long-term borrowing costs remain high. Yet Bitcoin is trading near $80,000, roughly 37% below its record high from last year.  That creates an awkward question for one of Bitcoin’s oldest macro narratives. If rising debt and Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: US debt concerns are a long-term narrative but haven't sparked immediate BTC demand.