#OneBigBeautifulBill Impact on markets and crypto

The maxi-decree signed by Trump for over $4 trillion marks a fiscal and macroeconomic turning point for the USA: more public spending, more debt, and new rules on crypto and taxes. Among the new features, tax exemption up to $600 for microtransactions and deferral of taxes on staking/mining until sale.

In the meantime, Bitcoin benefits from the narrative of coverage against inflation and the weak dollar, reinforcing its role as an alternative asset.