Although the highly anticipated federal budget proposal by President Donald Trump did not include any mention of cryptocurrencies, financial markets are responding with optimism. Investors believe that massive fiscal spending could still benefit digital assets.

The budget proposal, nicknamed the “Big Beautiful Bill,” passed the U.S. House of Representatives on July 3 by a narrow 218–214 vote. Only two Republican lawmakers voted against it: fiscal conservative Thomas Massie and Trump critic Brian Fitzpatrick.


📉 What the Budget Covers – and What It Doesn’t

The sweeping plan lowers taxes, reduces social programs like Medicaid, and introduces changes to immigration policy. Despite its wide scope, the legislation did not address the crypto sector—even though some lawmakers pushed for it.

One such attempt came from Senator Cynthia Lummis, who introduced several amendments aimed at clarifying tax rules for crypto mining and staking. However, none were included in the final bill. Interestingly, on the same day the budget passed, Lummis introduced a separate bill focused solely on crypto taxation.


📈 Bitcoin Rises Despite Being Overlooked

While the crypto industry may be disappointed by the lack of direct legislative support, the market reacted positively. Bitcoin climbed toward the $110,000 level, and the total crypto market cap increased by 0.3%.

The upbeat sentiment likely stems from expectations of increased liquidity in the financial system. Economists predict that the combination of lower taxes and higher government spending could raise U.S. national debt by up to $4 trillion over the next decade.


💡 Liquidity as a Growth Catalyst

An influx of capital from public spending often boosts financial markets, benefiting both stocks and digital assets. Even though the bill does not directly address cryptocurrencies, its macroeconomic effects could still provide support for crypto market growth.

As lawmakers prepare for future decisions on crypto regulation, investors are now closely watching how this fiscal expansion will influence risk appetite and capital allocation in the digital economy.




#CryptoMarkets , #bitcoin , #DigitalAssets , #TRUMP , #CryptoCommunity

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!

Notice:

,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“