The national debt of the United States has reached a historic high of $36.58 trillion in July 2025, reflecting growing financial pressures.
U.S. Debt at Record Levels
U.S. Treasury data revealed that the national debt has surpassed $36.58 trillion for the first time since February. This increase reflects long-standing fiscal pressures exacerbated by rising interest rates and inflation.
Rising Debt Servicing Costs
The cost of servicing the national debt is now $776 billion, accounting for 16% of federal spending. Rising interest rates intensify fiscal strain, which may displace other budget priorities.
Trends in the Crypto Market
Despite fiscal pressures, the cryptocurrency market exhibited resilience. Historically, fluctuations in debt levels have been linked to market volatility in assets like BTC and ETH; however, these currencies have remained stable.
The national debt continues to significantly influence the economic environment, presenting risks to the budget and potential implications for the cryptocurrency market.