According to Mihir (@RhythmicAnalyst) on Twitter, Bitcoin should not be viewed as a solution for the United States' $36 trillion national debt. Mihir emphasizes that long-term solutions require higher productivity and reduced government spending instead of government investment in crypto assets. For traders, this statement highlights that Bitcoin’s adoption by governments as a debt remedy is unlikely in the near term, suggesting that organic crypto usage growth among individuals and institutions will remain the primary driver for market momentum. Source: Mihir (@RhythmicAnalyst), Twitter, May 3, 2025.

According to The Kobeissi Letter, the US interest expense on national debt has reached a record $1.2 trillion over the past year. This increase necessitates extensive issuance of US Treasuries, leading to a surplus in the bond market and a subsequent drop in bond prices. This scenario is critical for traders, as falling bond prices can impact yields and influence broader financial markets.