The post Trump’s “Big Beautiful Bill” Could Push Bitcoin Even Higher, If Passed appeared first on Coinpedia Fintech News
The House is getting ready to vote on President Trump’s new “One Big Beautiful Bill Act” (OBBBA). While many are unsure what it means, popular crypto trader CryptoBusy thinks this bill could help Bitcoin and the whole crypto market in ways most people don’t expect.
Here’s how this bill will be bullish for bitcoin & the entire crypto market.
More Money, More Bitcoin
In a recent tweet post, CryptoBusy points out that the bill’s massive $4.5 trillion tax cuts would leave people and companies with more money in their pockets. When there’s extra cash floating around, some of it usually ends up in hard assets like Bitcoin, especially when people worry about inflation or a weaker dollar.
CryptoBusy further highlights that the bill doesn’t just cut taxes, it also makes it easier for companies to spend and invest by giving them 100% bonus depreciation and bigger write-offs for research.
Some companies might decide to put part of that cash into Bitcoin, just like MicroStrategy did when it made headlines by holding Bitcoin on its balance sheet.
Big Debt Makes Bitcoin Look Safer
Meanwhile, one thing CryptoBusy warns about is that this bill would add about $3.3 trillion to America’s debt over the next decade. More debt often means more people looking for safer, non-government money, and that’s where Bitcoin steps in. For many, Bitcoin will act as a safer haven against a weaker dollar.
Trump’s Crypto-Friendly Approach
On top of all this, Trump has shown a friendlier tone toward crypto than many expected. Less regulation and clearer rules could make big companies feel safer adding Bitcoin to their books.
Has the Bill Passed Yet?
Right now, Trump’s “One Big Beautiful Bill” is still just a proposal; it hasn’t passed yet. His team is trying hard to get it through Congress, but it’s hitting roadblocks.
After one round of voting on Wednesday, Speaker Mike Johnson met with a few Republicans to save the bill. So far, four Republicans have voted against it, including Andrew Clyde, Victoria Sparta, and Keith Self, which is a big problem.
To pass the bill, Republicans need a simple majority.
If the bill passes, it could give Bitcoin an even bigger boost. Right now, Bitcoin has already jumped 3% and is trading close to its all-time high.