🪙 How the “One Big Beautiful Bill” Could Shake the Crypto Market
🚨 The U.S. just passed a massive fiscal package—dubbed the “One Big Beautiful Bill”—adding over $3 trillion to the national deficit. Now, it's headed to the President’s desk (Ref) (Ref2).
🔍 What this means for crypto:
• 💸 Deficit surge → Higher inflation expectations may drive demand for Bitcoin as digital gold.
• ⛏️ Booster for miners: New depreciation benefits could lower operational costs (Ref).
• 🏛️ But no direct crypto tax breaks—regulatory clarity still pending.
📊 Market snapshot:
• Crypto market cap hit $3.37 trillion, with Bitcoin steady at ~$109K and Ethereum around $2.58K (Ref).
🧠 Trader takeaway:
Big government spending can mean fed rate cuts and risk-on sentiment—a setup that could push $BTC and $ETH higher in the coming months.
💬 Conversation Starter:
Would you ride the inflation wave into crypto, or play defensive this cycle?
🔗 Add your thoughts and tag it with #OneBigBeautifulBill