According to @StockMKTNewz, the latest data shows that Japan, China, the United Kingdom, and several other countries remain the largest holders of US debt as of May 2025 (source: @StockMKTNewz via Twitter, May 24, 2025). For crypto traders, these holdings are crucial indicators, as shifts in foreign Treasury positions can impact global liquidity and risk appetite. Major changes in US debt ownership patterns can trigger volatility in the crypto markets, especially if large holders like China or Japan adjust their positions, potentially influencing the US dollar's strength and thereby affecting Bitcoin and altcoin prices. Monitoring these macro trends is essential for assessing potential shifts in crypto market sentiment and capital flows.