#OneBigBeautifulBill
The massive Trump bill has been approved - brace for the wave of inflation affecting cryptocurrencies.
President Trump signed a "big, beautiful piece of legislation," a budget package worth $3.4 trillion, which 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 linked to Bitcoin gains. Analysts suggest that cryptocurrencies may outperform as inflation rises.
– The value of Bitcoin fell to around $108,000, then began to rise due to inflation fears.
– The "genius" bill and "crypto week" are still on track, supporting the clarity of stablecoin vision.
– Stakeholders expect the renewal of cryptocurrency tax proposals from senators like Lummis.