#OneBigBeautifulBill

The Big Beautiful Bill, pushed by Donald Trump, was approved by the Senate on July 3 and is now heading to the House of Representatives.

This bill expands tax cuts—including the exemption of taxes on tips—and raises the debt ceiling to 5 trillion USD.

Although it does not include direct provisions for crypto, the market reacted with cautious optimism.

However, not everyone shares that view: Arthur Hayes warns that BTC could fall to 90,000 USD if inflationary pressure is generated.

In parallel, the confrontation between Trump and Elon Musk—who called the law an "abomination"—adds uncertainty about future economic policies.

In summary, although there are no direct benefits for crypto, the liquidity push and a weakened dollar could favor Bitcoin, although under a context of macroeconomic risk.