#OneBigBeautifulBill Just now, the Senate passed President Trump's bill "One Big Beautiful Bill" for $3.3 trillion, which awaits his signature. Here’s what’s important for cryptocurrency:
🧮 A large deficit ahead: the bill raises the debt ceiling by $5 trillion, fueling concerns about inflation and increasing interest in Bitcoin as a hedge.
🛡️ Amendments to cryptocurrency tax?: Pro-cryptocurrency changes (such as the repeal of taxes on small-cap corporate profits and tax exemptions for staking) were proposed late in the process but did not pass consideration.
🐳 Whale movements: cryptocurrency whales are accumulating $ALT coins like PINGU and LDO, signaling potential market confidence.
This mega bill could serve as an indirect crypto catalyst — the growing deficit may push investors toward digital assets, despite the lack of tax-advantageous changes.