Brian Armstrong, Coinbase CEO, stated that, “Bitcoin is good for USD. It creates competition in a way that’s healthy for the dollar, which helps to provide a check and balance against high inflation and deficit spending.” Brian Armstrong wrote on X.
Bitcoin is good for USD.
— Brian Armstrong (@brian_armstrong) December 28, 2025
It creates competition in a way that’s healthy for the dollar, which helps to provide a check and balance against high inflation and deficit spending. pic.twitter.com/iHjQCJVqCb
According to Brian Armstrong, Bitcoin (BTC) actually strengthens the dollar by encouraging healthy competition. It provides an alternative store of value for investors, and with its limited supply, it could act as a check on inflation and increasing debt. In other words, its fixed supply offers investors an alternative store of value when inflation or deficit concerns rise, signaling confidence or concern in policy decisions. Bitcoin as an alternative investment option is likely to encourage fiscal and monetary discipline.
His argument comes amid concerns that inflation is high, and the U.S debt has reached a record high. According to the latest inflation data published by the U.S. Bureau of Labor Statistics (BLS), the U.S. CPI rose 2.7% year-over-year (YOY) in November 2025. Moreover, U.S. consumer prices rose 3.0% year-over-year in September 2025. The October data release was cancelled due to the prolonged U.S government shutdown. The figures from the November and September data show inflation remained above the Federal Reserve’s target of 2%.
Furthermore, total U.S. federal government debt (gross public debt outstanding) as of December 17, 2025, was about $38.378 trillion. According to the United States Joint Economic Committee, the total national debt has grown by $69,433.37 per second for the past year (as of 17/12/2025).
The dollar’s reserve-currency status enables the U.S. to finance large and persistent deficits with limited near-term consequences. However, over time, rising debt levels raise concerns about inflation and fiscal sustainability.
Amid the talks about Bitcoin strengthening the dollar by offering healthy competition, the digital currency is trading in green today.
How Much is 1 BTC Right Now?
Bitcoin (BTC) is trading at around $88,160.18 at the time of writing this article.
The price edged up by 2.19% over the past 24 hours. The market cap reached $1.78 trillion. The trading volume surged past 108.13% to touch $28.67 billion. Yet, volatility continues around the crypto market. Despite the broader crypto market touching $3.02 trillion, the overall Crypto Fear and Greed Index reading of 30 suggests the prevailing fear in the market.
As for Bitcoin, which has over 58% of market dominance, the price has declined 3.66% year-to-date (29/12/2025). Furthermore, according to SoSoValue, the U.S BTC spot Exchange Traded Funds (ETFs) have recorded an outflow of $275.88 million on Friday, December 26.
Overall, the most valued cryptocurrency had a tumultuous year with price reaching a new all-time high of 126k on October 6, yet struggling to reach 90k over the past two months. The elevated volatility and erratic price swings in the broader crypto market are challenging the safe-haven narrative around bitcoin.
