📜 #OneBigBeautifulBill : Inflation Fears Push Crypto
Trump signed the $3.3 trillion “One Big Beautiful Bill” into law on July 4, expanding spending, extending 2017 tax cuts, and raising the debt ceiling by $5 trillion (kiplinger.com).
Crypto tax relief was left out: Proposals like a de minimis exemption and fair tax treatment for miners/stakers didn’t make it into the final bill (bitcoinmagazine.com).
Market impact: Analysts predict the massive debt surge may weaken the dollar and heat up Bitcoin—seen climbing above $108K post-signature (beincrypto.com).
This bill isn’t crypto-focused, but its deficit-heavy approach could push investors toward Bitcoin as an inflation hedge. Watch BTC trends and upcoming crypto tax debates.
