$40 Trillion US Debt: Could Americans Even Afford Bitcoin and Crypto Right Now?

The $40 trillion US debt mark is now within reach, at $39.9 trillion on Tuesday. That equals roughly $116,000 for every American, or nearly two Bitcoins at today’s price. Bitcoin (BTC) backers call the debt the best reason to own a scarce asset.

However, a new Conference Board report shows that the same debt is draining the budgets that fund everyday crypto buying. AMERICA’S $39 TRILLION DEBT HITS EVERYDAY FINANCESA Conference Board report warns that rising U.S.

debt could increasingly squeeze families and businesses through higher borrowing costs.The debt now exceeds $39 trillion, or roughly $116,000 per American.Higher deficits…— *Walter Bloomberg (@DeItaone) August 18, 2026 Follow us on X to get the latest news as it happens Why the $40 Trillion US Debt Hits Household Budgets The Peter G.

Peterson Foundation’s debt tracker showed $39.9 trillion on Tuesday, as did the Fiscal data dashboard. Interest alone burns through more than $2.8 billion per day, according to the foundation. US Federal Debt As of August 13.