As the United States debt climbs, more investors are turning to Bitcoin (BTC) and Gold to protect against inflation and economic uncertainty. A recent report from Reuters highlights worries about the country's financial future, leading to a surge in Bitcoin prices.

The increasing debt, combined with interest payments, is straining the government's finances, often surpassing budget limits. The U.S. budget deficit hit $1.7 trillion in fiscal year 2023 and could reach $2.6 trillion by 2034, according to the Congressional Budget Office. Public debt is also on track to hit a record 106% of GDP by 2028, up from 97% in 2023, skyrocketing from $17 trillion in early 2020 to $27 trillion presently.

Brad Bechtel, Head of FX at Jefferies, believes the debt situation and currency devaluation are driving forces behind the growing interest in Bitcoin and gold among investors. Recent macroeconomic events have amplified this trend, sparking increased investment in both assets.

Lawrence White, an Economics professor at George Mason University, suggests that fluctuating inflation over the past two years has also spurred interest in Bitcoin and gold. However, he emphasizes that debt and inflation aren't the sole factors influencing Bitcoin's price surge.

Bechtel points out that the approval of spot Bitcoin ETFs by the SEC has further fueled interest in the cryptocurrency. Additionally, anticipation surrounding Bitcoin halving has attracted more investors, viewing it as a bullish phase for the asset.

Simultaneously, interest in gold is rising due to macroeconomic factors, with foreign central banks seeking to diversify their reserves. Gold has reached a record price of $2,431 per ounce as investors seek alternatives to fiat currency.

In conclusion, as U.S. debt continues to rise, investors are increasingly turning to Bitcoin and gold as safe-haven assets. Factors such as inflation, ETF approvals, and halving events are driving the adoption of these alternative investments, highlighting a growing trend away from traditional fiat currencies.