The U.S. President Donald Trump signed the “Big and Beautiful” tax and spending bill into law on July 4, affecting the cryptocurrency market.

The bill could reshape crypto investments and regulations, enticing institutional interest while sparking varied political reactions.

The U.S. House of Representatives passed the “Big and Beautiful” tax and spending bill, pushed by President Trump with a vote of 218-214. This action raised significant due to cuts in federal aid and increased debt.

include debates on tax cuts for the wealthy and businesses, with potential influences on Trump’s pro-crypto initiatives. Trump Media & Technology Group’s moves to capitalize on digital assets could stimulate these markets.

included discussions among traders about Housecoin, a politically themed token. The tax bill may drive further in Bitcoin and other cryptocurrencies, influenced by .

The 2017 U.S. tax reforms influenced risk sentiment in crypto markets, highlighting how shifts in significant U.S. policies can precede volatility in BTC and ETH prices.

Bitcoin (BTC) is currently priced at $108,120.80 with a market cap of $2,150,328,138,634. It dominates 64.65% of the market and recently experienced a 37.94% price increase over 90 days. These statistics are attributed to CoinMarketCap.

The Coincu research team anticipates that Trump’s tax bill, coupled with institutional interest, could lead to further in cryptocurrencies. , President, United States, stated, “We believe that a sound regulatory approach can lead to unprecedented opportunities for U.S. investors.” Such insights draw on past regulatory trends and suggest potential for .