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Coinpaprika 2025-07-05 09:31:10

Trump's 'Big Beautiful Bill' Could Boost Bitcoin Appeal

President Donald Trump celebrated the passage of his “big, beautiful bill” with a patriotic display at the White House, marking a major legislative win. But while the event focused on military strength and national pride, the bill’s deeper economic changes could have unexpected effects on the crypto world. One key result is growing concern about inflation , as the bill includes large tax cuts and expanded spending. Economists warn this could increase the federal deficit by over $3 trillion, potentially weakening the U.S. dollar. Historically, such conditions often lead investors to seek out alternative assets like Bitcoin , which is seen as a hedge against inflation. At the same time, the bill excludes proposed crypto tax reforms . Lawmakers had pushed for provisions like tax breaks for small Bitcoin transactions and mining operations, but those were left out of the final version. This means that while crypto may gain more attention due to the economic fallout, the regulatory landscape remains the same for now. Despite no direct impact on digital assets, experts believe the broader financial consequences of this bill could drive more people to consider Bitcoin as a safe store of value. As inflation fears rise, crypto might gain new momentum, even without fresh legal support.

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