On September 26, Forbes reported that Bitcoin approached $90,000 earlier this month. Meanwhile, global debt continues to rise, and the 'currency devaluation trade' surrounding the decline in fiat currency purchasing power has become one of the factors driving up assets like Bitcoin and gold. According to the Institute of International Finance (IIF), global debt increased by $10 trillion in the first half of this year, surpassing $365 trillion in total. U.S. debt has exceeded $40 trillion, with annual interest payments rising to $1.27 trillion, surpassing defense and Medicare expenditures, and only falling behind Social Security spending. The IIF warns that as benchmark interest rates rise, interest costs will also increase. Nic Puckrin, founder of Coin Bureau and cross-asset analyst, stated that the current environment is favorable for 'currency devaluation assets' like Bitcoin and gold, which is partly why Bitcoin has seen recent gains. The larger the debt scale of major economies, the more likely it is to suppress real borrowing costs and allow inflation to erode the real value of debt, thereby enhancing the attractiveness of such trades. Analysts from The Kobeissi Letter noted that the purchasing power of the dollar has declined by 23% since 2020, and U.S. inflation has been above the Federal Reserve's 2% target for 60 consecutive months.