The "One Big Beautiful Bill" (H.R.1) is a major legislative package passed by the U.S. Senate on July 1, 2025. It includes:
1. Tax cuts: Extends 2017 tax cuts, raises child tax credit to $2,200. 2. Border security: Allocates $46.5B for barriers, $45B for detention. 3. Healthcare: Cuts $700B from Medicaid, $300B from SNAP; doubles rural hospital funding to $50B.
It may add $3.3T to the deficit over 10 years, with benefits skewed toward higher earners. Critics argue it harms safety nets and state powers. It awaits final House approval
🎥Altcoin cash flow dropped to $1.6 billion/month, significantly lower than the yearly average of $2.5 billion.
💬 Shows that this is an accumulation period and investor psychology is also very depressed, many people leave, many projects close such as (Zklend, blockmess, scopscan.. gamefi projects, projects with no revenue and no practical application value)
📺 In the past, when the altcoin season index reached similar lows, subsequent major price increases would occur very strongly.
🎧Currently, June 2025: ...DOMBTC is still high, the market is feeling hesitant and quite cautious from investors.
🤝The US and China have officially signed the preliminary trade agreement that the two sides reached in Geneva last month.
📈 Chinese stocks and the yuan remained almost unchanged after this news. S&P 500 futures were also flat.
⛈️ In short: - Trump lightly threatened: any country that is late to sign will soon receive a letter like Mission Impossible: 🤔 Sorry that the 50% tax rate was applied before you finished reading this letter.