$BTC President Trump has signed the Big and Beautiful Act into law. Although the bill does not directly mention cryptocurrency, it has historically raised the U.S. debt ceiling by $5 trillion, raising concerns in the market about inflation, the dollar's performance, and fiscal sustainability. Some observers believe this is positive for Bitcoin and stablecoins, viewing cryptocurrency as a hedge against debt expansion and fiat currency devaluation.
💬 What do you think? Will this promote broader acceptance of cryptocurrency, or will it exacerbate market uncertainty? How would you adjust your investment portfolio?
#Bitcoin Whale Movements
Yesterday, eight dormant Bitcoin wallets from the Satoshi era that had been inactive for 14 years became active again, moving a total of $8.6 billion worth of Bitcoin. The market reacted quickly, with Bitcoin's price falling from over $10,900 to around $10,750. Some believe this is a possible sell signal from early whales, while others think it is just a movement of funds or long-term holders becoming active again.
💬 What do you think? Are these whale movements bullish, bearish, or is there a deeper meaning? Where do you think Bitcoin is headed next?