【United States 'Big and Beautiful' Act Impact Summary on the Cryptocurrency Sector】

Core of the Act

1. Economic Stimulus Package: Reducing personal/business tax burden, increasing defense/infrastructure/manufacturing spending, with an additional $3.8 trillion in government debt over the next decade.

2. Controversial Measures: Eliminating subsidies for renewable energy sources like solar, causing harm to companies such as Tesla (Musk has publicly opposed this).

Dual Impact on the U.S. Economy

Opportunities: Leveraging U.S. dollar credit to stimulate economic growth; if the growth rate exceeds debt interest, it can further drive economic development.

Risks: If growth does not meet expectations, the U.S. may fall into a trap of debt and economic stagnation.

Short-term Impact on the Cryptocurrency Sector

1. Market Correlation: Economic stimulus expectations drive the S&P 500 and NASDAQ to new highs; Bitcoin's price is driven by improving economic conditions or dollar depreciation, showing an upward trend.

2. Trend Prediction: Coupled with stablecoin legislation and expectations for stablecoins in Hong Kong, the Bitcoin trend from July to August is generally viewed positively, currently oscillating around $108,000, close to its historical high.$BTC $ETH $SOL #现货与合约策略 #大而美法案 #比特币巨鲸动向