⚠️ Bitcoin Slides Below $107K Amid Senate Vote on Trump’s “Big Beautiful Bill” – $100K Next?
📊 Bitcoin (BTC) is trading at $106,593 today (July 1), down 0.9% in 24 hours, as macro volatility strikes again.
🇺🇸 The trigger? President Trump’s $5 trillion “Big Beautiful Bill”, now under Senate review, has reignited fears of inflation and overspending, shaking crypto markets.
🔍 What’s Driving the Dip?
◾️ Weak demand signals short-term bearish pressure
◾️A looming drop to $100K is on the radar if sentiment doesn't shift
◾️ However, pro-crypto Senator Cynthia Lummis is pushing friendly tax amendments that could help stabilize the market
⚖️ Key Question: Will BTC recover on positive regulatory reform, or is a deeper correction incoming?
📢 As fiscal policy and digital assets continue to collide, investors should stay alert — the macro winds are blowing strong.
#Bitcoin #Crypto #Macroeconomics #CynthiaLummis #USSenate https://coingape.com/markets/bitcoin-price-falls-back-below-107k-as-senate-votes-on-big-beautiful-bill-is-100k-next/?utm_source=bnb&utm_medium=coingape