#OneBigBeautifulBill

💥 ... And It's Impacts on the Crypto Market

1. Increased Inflation & Debt — A Bitcoin Tailwind

With a $5 trillion debt increase and potential acceleration of inflation, analysts predict Bitcoin may benefit as an inflation hedge .

Coindesk and Cointelegraph forecast possible BTC rallies, echoing trends seen during past stimulus measures .

2. No Crypto-Specific Tax Relief Completed

Senate amendments on crypto—like:

Airdrop and staking tax exemptions,

Airdrop earnings, and lending agreement exclusions,

A cap on taxable transactions under $300—ran out of time and weren’t included .

So, tax treatment remains unchanged, leading to mixed sentiment among crypto investors.

3. Liquidity Pressures & Dollar Weakness

Large budget deficits and continued Fed tightening may squeeze liquidity in traditional markets, shifting capital toward non-sovereign assets like crypto .

4. Impact on Stablecoins & International Players

Heightened regulation hurdles for foreign crypto firms could limit supply of U.S.-compliant stablecoins and slow foreign capital inflow .

Meanwhile, the GENIUS Act (passed Senate June 17) offers a stablecoin regulatory framework—though it’s separate from OBBBA .

5. Sector-Specific Knock-On Effects

Rollbacks of green-energy subsidies may reduce energy costs in some regions, potentially lowering costs for crypto mining .

But overall financing costs for startups may rise, especially if foreign investment becomes costlier...

#BTC #Binance