Bitcoin's volatility has surged as the cryptocurrency reaches record highs, driven by concerns over the U.S. budget deficit, which has expanded to $1.973 trillion. Analysts caution that this growing fiscal imbalance could exacerbate macroeconomic uncertainty. Despite these concerns, Bitcoin has seen short-term volatility increase to 1.17%, while ETF inflows of approximately $2.7 billion continue to bolster the market.