What if Trump's 'Big Beautiful Bill' propelled BTC to a new ATH?
Bitcoin loves debt. The BTC price saw a nice increase of nearly 40% after Donald Trump signed a massive relief plan in December 2020 in response to the COVID-19 crisis. As the American president is about to sign a new spending bill, dubbed the 'Big Beautiful Bill', some crypto market observers anticipate a new surge in Bitcoin's price.
Trump's 'Big Beautiful Bill' could explode Bitcoin
The 'Big Beautiful Bill' is a massive spending bill that aims to significantly increase U.S. debt. According to estimates, the U.S. national debt could reach $40 trillion by 2025, an increase of $17 trillion from 2020.
This explosion of debt worries many analysts, who see it as a sign of a major economic crisis. But paradoxically, for cryptocurrency investors, it’s rather good news, as Bitcoin has historically reacted positively to signals of increasing U.S. debt (which means more liquidity in financial markets).
As highlighted by the X account Crypto Rover, when Donald Trump signed a COVID-19 relief plan at the end of 2020, the BTC price gained 38% in a few weeks. If the same scenario repeats with the 'Big Beautiful Bill', Bitcoin could exceed $150,000.
The M2 money supply continues to grow
Besides this piece of legislation, another factor is in favor of a rise in the BTC price: the growth of the M2 money supply. This indicator measures the amount of money in circulation in the economy, which includes bank deposits and money market funds.
There is a clear correlation between the M2 money supply and the price of Bitcoin. When it increases, the BTC price generally follows with a slight delay, and that is exactly what is happening right now.
According to TradingView data, M2 reached a new all-time high of over $55.4 trillion in June 2025. This means there is more liquidity available to invest in assets like Bitcoin.
Trader and analyst Rekt Capital acknowledged that the M2 money supply can continue to grow even after Bitcoin reaches a bullish market peak. In other words, the BTC price could still rise as long as this M2 continues to grow. QED.
In summary, Trump’s 'Big Beautiful Bill' and the growth of the M2 money supply are two factors that could propel the BTC price to new heights. Some observers even talk about a Bitcoin at $150,000 in the coming weeks. It remains to be seen whether these predictions will come true, but the financial stars are aligning.
