🏛️ #OneBigBeautifulBill : Crypto in the Spotlight

The vast "One Big Beautiful Bill" of $3.3 trillion from President Trump has just passed the Senate and awaits his signature. Here’s what matters for crypto:

🧮 Big Deficit Incoming: The bill raises the debt ceiling by $5 trillion—fueling concerns about inflation and increasing interest in Bitcoin as a hedge.

🛡️ Tax Amendments for Crypto?: Crypto-friendly amendments (such as the removal of taxes on small-cap gains and exemptions for staking) were proposed towards the end of the process but were not included.

🐳 Whale Movements: Crypto whales are accumulating $ALT coins like PENGU and LDO, signaling potential confidence in the market.

This mega bill could act as an indirect catalyst for crypto—the rising deficits may push investors towards digital assets, despite the lack of favorable tax changes. Keep an eye on Bitcoin and altcoin flows in the debt-driven macroeconomic environment.