The great bill, the effort to reconcile the Keystone budget of Trump, has just passed a final vote in the House of Representatives. The president is preparing a signature ceremony tomorrow on July 4.
Although the bill has lost many of its provisions specific to the crypto / AI, it has enormous implications for the American economy. As its benefits spread, it will undoubtedly have an impact on the cryptography market to a certain extent.
Trump wins on Big Beautiful Bill
The major bill is a key element in budgetary legislation which has already caused disturbances on the cryptography market. Thanks to its cyclists and amendments, the bill covers a monumental number of budget subjects such as health care, ice financing, etc.
Today, the room has finally voted to approve it, allowing President Trump to sign it tomorrow.
However, Big Beautiful Bill causes a lot of controversy, even in the cryptography industry. Elon Musk is a fierce opponent of the bill, saying that his substantial expansions to the federal deficit could destroy the American economy.
In addition, many amendments directly linked to the crypto and the AI failed, leaving the relationship of the bill with the somewhat uncertain web3.
So what can the great good bill are waiting for the community? After adopting the Senate, this question became more important.
Essentially, it seems optimistic for cryptographic investors, especially those outside the United States. Certainly, some of its proposed tax reforms could justify retail investments in the United States, but this seems to be a marginal advantage.
Instead, the most salient problem is Bitcoin status as a blanket against currency inflation. Analysts already predict a boom in cryptography since the US dollar index reached a multi -year hollow last week.
The large magnificent invoice will probably make the dollar even lower in the short term, in addition to fueling budgetary uncertainty.
Currently, we do not know what altcoins would be the most benefiting from it, even if the BTC gains are likely.
The most efficient will probably be large capitalization assets, or infrastructure and utility tokens which can benefit from an increase in commercial volumes and capital entries. The coins, however, seem less likely to win.
In the end, the Big Beautiful Bill seems likely to introduce significant chaos to the American financial system.
Trump’s Big Bill Bill Bill is adopting the voting of the Chamber, ensuring that the path to the law appeared first on Beincrypto.
