Donald Trump’s “big beautiful bill” just cleared another hurdle. The Senate passed it earlier, and now the House has approved it too. Trump will sign it soon in a White House ceremony. This bill is not just another law. It could shape the U.S. economy for years and shake up Bitcoin markets.
Bitcoin jumped after the House passed Trump’s bill. The price rallied back above $109,000 and is testing $110,000. Traders expect higher government spending and more borrowing. This could weaken the dollar and strengthen Bitcoin. Investors are watching closely as Trump’s “big beautiful bill” becomes law.
Trump Wins, Senate Moves, Bitcoin Reacts
Trump called it the “One Big Beautiful Bill.” It extends tax cuts and increases spending on defense and border security. It also raises the debt ceiling by $5 trillion. This prevents a debt crisis but makes future financial troubles likely.
Bitcoin is reacting to these moves. A weaker dollar can drive Bitcoin higher. More debt may push investors toward Bitcoin as a hedge. The Senate’s approval was a key step, and the House vote has added momentum. Traders believe Bitcoin will benefit as the bill adds trillions to the debt.
Trump’s Big Beautiful Bill Brings Debt Risks
The bill may be beautiful to Trump, but it carries risks. It will add around $3.4 trillion to the national debt in the next decade. Medicare and Medicaid will see cuts, and many may lose health coverage. The bill reduces tax revenues but increases spending, making the debt problem worse.
BlackRock and other investors warn about higher borrowing costs. Higher debt could hurt the bond market and raise Treasury yields. However, some believe the bill will boost short-term growth and corporate earnings. As debt grows, Bitcoin may continue to benefit from the rising fiscal risks.
Trump’s Bill and Bitcoin: What Traders Need to Know
Bitcoin traders should watch how this bill changes the market. More government spending and weaker dollars can drive Bitcoin prices up. Higher debt levels can scare investors away from bonds, pushing them toward Bitcoin. The market already reacted when the Senate passed the bill, and the House approval has added fuel.
Trump plans to sign the bill by July 4. The market expects this event to be a bullish signal for Bitcoin. If spending increases and the debt ceiling rises, Bitcoin could break above key resistance levels. Traders should watch for volatility as Trump’s “big beautiful bill” becomes law.
Bitcoin Eyes the Future as Trump’s Bill Heads to Signature
Trump’s “big beautiful bill” is about to become law. It has passed the Senate and the House. Now, only Trump’s signature is left. This will prevent a debt crisis, but it will add more debt long-term.
For Bitcoin, this is a moment to watch. More debt and spending can weaken the dollar, while Bitcoin could gain strength. Investors are positioning for what comes next. Trump’s big beautiful bill is not just a headline; it is a trigger for the crypto market. The coming weeks could be big for Bitcoin as Trump makes his next move.
