The US national debt has surpassed $38 trillion as of October 2025, marking a rapid $1 trillion increase in borrowing outside the pandemic period. This surge is driven by persistent budget deficits, rising interest costs, and significant military and social spending. As concerns over dollar debasement grow, investors are increasingly considering Bitcoin as a potential hedge. Bitcoin's fixed supply of 21 million coins makes it resistant to inflationary pressures, and its price has historically reacted to liquidity expansions. Institutional adoption, including recent ETF filings and approvals, is further legitimizing Bitcoin as a mainstream asset. However, some skeptics argue that Bitcoin behaves more like a high-beta tech asset than a true safe haven, leaving its future as a hedge dependent on US debt trends and Federal Reserve policies.