Bitcoin reached an intraday high of $81,332 as Anthony Scaramucci argued that U.S. Treasury Secretary Scott Bessent’s warning that the world is "awash in debt" inadvertently supported Bitcoin’s investment case. Scaramucci, founder of SkyBridge Capital and a longtime Bitcoin advocate, made the comments on X on Sept. 3 after Bessent discussed mounting sovereign debt at the G20 Finance Ministers and Central Bank Governors Meeting in Asheville, North Carolina, held Aug. 31 and Sept. 1. Bessent was not endorsing BTC; he said the United States and other economies needed stronger growth to manage debt accumulated after the 2008 financial crisis rather than relying on spending cuts or other contractionary measures. The meeting took place amid higher government borrowing costs, aging populations and weak productivity growth, while the G20 chair statement said the group remained committed to debt sustainability. Bitcoin proponents argue that excessive government borrowing and persistent fiscal deficits can weaken traditional currencies’ purchasing power.