đșđž US Senate Passes Trumpâs âOne Big Beautiful Billâ â Bitcoin Reacts Swiftly
đ In a major political win, the U.S. Senate has passed Donald Trumpâs $3.3 trillion tax and spending cut proposal, popularly dubbed the âOne Big Beautiful Bill.â Focused on sweeping tax cuts and budget revisions, the bill is already making waves across financial markets â including crypto.
đ Bitcoin (BTC) quickly rebounded above the $106,000 mark, regaining a key psychological level as investors weigh the potential macro impact of the legislation.
đ Why this matters:
â«ïž The bill introduces a pro-growth, low-tax environment â often bullish for risk assets like crypto
â«ïž Signals increasing political alignment around crypto-favorable economic policy
â«ïž Reinforces Bitcoinâs role as a macro hedge amid shifting U.S. fiscal priorities
đŹ As fiscal and crypto policy continue to intertwine, will we see more institutional momentum and bullish price action in the months ahead?
#Bitcoin #DonaldTrump #CryptoMarkets #TaxCuts #Macroeconomics
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