The United States’ (US) national debt has surged to $37.88 trillion as of October 2, 2025, growing at a rate of $69,891 per second, or approximately $6 billion daily, over the past year, according to Congressman David Schweikert’s Daily Debt Monitor. The debt has increased by $2.2 trillion since October 2024, amounting to $283,098 per household. Source: JEC Meanwhile, the average interest rate on total marketable debt stands at 3.415 percent, resulting in the government paying $241.26 billion in interes ...

History shows that the debasement trade does not always accelerate during periods of government shutdowns. And the dollar is still above the levels seen during the last U.S. government shutdown in 2018-19, which lasted 35 days and took place under the first Trump administration.“The debasement trade has demonstrated strong momentum this year, with assets like gold and bitcoin generating strong returns,” said Matt Stucky, the Milwaukee-based chief portfolio manager of equities at Northwestern Mutual Wealth M ...

Suhaimi Abdullah / Bloomberg via Getty Images Bitcoin recently touched a new record high. Signage outside a crypto conference in Singapore on Oct. 1. Key Takeaways The price of bitcoin managed a new record above $125,000, setting a fresh high for the first time since August. Its price has retreated somewhat since. But a monthslong climb how has the market value of bitcoin equivalent to that of the biggest companies in the S&P 500. Bitcoin nabbed a new high. The leading cryptocurrency overnight touc ...