Galaxy Digital's Head of Research: 2026 dormant BTC activation volume is projected to be less than half of last year, with the "large distribution" phase largely complete.

According to HTX market data, Bitcoin briefly surged past $69,900 before pulling back to $69,300, with a 24-hour gain of 7.24%.

As the US government borrows at an historically unprecedented pace, the total US national debt has surpassed $40 trillion. Despite Trump’s pledges to rein in government spending, the ballooning debt has sparked investor concerns over the country’s public fiscal health. According to data released by the US Treasury Department on Wednesday, the total federal debt crossed the $40 trillion threshold on Tuesday. Over the past year, the debt has risen by $3 trillion, marking the fastest growth rate in history outside of the pandemic period. “This is like a massive warning light on a car engine,” said Mark Goldwin, senior policy director at the Committee for a Responsible Federal Budget. “That doesn’t mean the engine will burn out tomorrow, but it’s a clear signal that things are out of control. The problem isn’t just the enormous size of the debt, but how quickly we’ve reached this level.” Over the past two decades, US national debt has surged sharply, climbing from less than $6 trillion at the start of the century to its current level. Massive public spending during the financial crisis and COVID-19 pandemic exacerbated the widening budget deficit. In just the last decade, total debt has doubled. The Congressional Budget Office projects that federal debt held by the public will exceed the 106% historical peak set in post-WWII 1946 around 2030, and rise further to 120% by 2036.

According to Bitget market data, spot silver surged 5.82% intraday, currently trading at $67 per ounce; spot gold crossed $4,520 per ounce, with an intraday gain of 4.35%.

According to HTX market data, SOL briefly rallied above $87 and is now trading at $86.16, with a 11.84% gain over the past 24 hours.

According to monitoring by Onchain Lens, a wallet associated with Amber Group withdrew 200,000 HYPE from Hyperliquid five minutes ago, valued at approximately $13.83 million. On-chain data shows the wallet address is 0xB3BD5fafB3Dcb7fF0D27A6dCDB1974A2F8aC221D.

According to HTX market data, Ethereum has broken through the $2,300 level, with a 24-hour gain of 20.48%.