BITCOIN DRIVEN BY INFLATION FEARS IN THE U.S.

The U.S. Senate has just approved Trump's "One Big, Beautiful Bill," a massive budget proposal that could shoot the national deficit up. The injection of trillions of dollars is fueling inflation fears, which, interestingly, is benefiting Bitcoin. We have already seen it, the price surpassed $108,000.

This proposal aims to make Trump's tax cuts permanent and allocate $350 billion to national security. The Congressional Budget Office says this will drive the debt to historic levels, and of course, if the dollar devalues, people will seek safe havens like Bitcoin.

Moreover, watch out for this! They propose raising the federal debt ceiling to $5 trillion and imposing a 5% tax on remittances. What’s my prediction? This will push more people to use Bitcoin or stablecoins for their international transfers to avoid that new fee. And we are not the only ones concerned; even Elon Musk has called it an "abomination." There are still amendments to be made and it has to pass through the House of Representatives, so we will stay alert.