#OneBigBeautifulBill
President Trump signed a "big and 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 linked to Bitcoin gains. Analysts point out 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" Act and "Crypto Week" are still on track, supporting the clarity of stablecoin vision.
– Stakeholders are expecting renewed cryptocurrency tax proposals from senators like Lummis.
Keep an eye on inflation data, bond yields, and Bitcoin's response. Follow news headlines about Treasury bond yields and House approvals of laws supporting cryptocurrencies. This macroeconomic situation may pave the way for the next advancement in the world of smart money.