#OneBigBeautifulBill
The massive Trump bill has been approved - brace for a wave of inflation affecting cryptocurrencies.
President Trump signed "one big beautiful bill," a $3.4 trillion budget package that expands tax cuts and raises the debt ceiling by $4-5 trillion.
Cryptocurrencies did not receive direct support, but macroeconomic conditions benefited:
massive government spending and debt expansion have historically been tied to Bitcoin gains. Analysts indicate that cryptocurrencies may outperform as inflation rises.
– The value of Bitcoin dropped to around $108,000, then began to rise due to inflation fears.
– The "Genius" bill and "Cryptocurrency Week" are still on track, supporting the clarity of stablecoin vision.
– Stakeholders expect renewed cryptocurrency tax proposals from Senate members like Lummis.
Monitor inflation data, bond yields, and Bitcoin's response. Follow news headlines regarding Treasury bond yields and House approvals of bills supporting cryptocurrencies. This macroeconomic situation could pave the way for the next advance in the smart money world.