According to CryptoSlate citing CRFB data, as of the end of Q1 2026, U.S. public debt reached $31.27 trillion, surpassing the nominal GDP of $31.22 trillion over the past 12 months, with a debt-to-GDP ratio of 100.2%. CryptoSlate notes that this milestone provides new macroeconomic context for Bitcoin's scarcity and the narrative of non-sovereign assets. The article also points out that debt levels alone do not directly translate to Bitcoin demand, as factors like liquidity, interest rates, ETF fund flows, and risk appetite still need to be observed. https://(wublock123.com)/news/us-public-debt-31-27-trillion-exceeds-gdp-60449