US National Debt Hits Record $34,500,000,000,000 As Analysts Urge Immediate Action, Warn Outlook ‘Projected to Deteriorate Further’

The US national debt hit a record $39.4 trillion, with weekly interest payments on federal debt totaling $24 billion. Analysts urge immediate action, warning the outlook is projected to deteriorate further. The rising debt could impact crypto markets as investors seek hedges against fiat currency devaluation and potential monetary policy changes.