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.
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.
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.
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.
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.
The “One Big Beautiful Bill Act” (OBBBA) is a legislative proposal by President Trump aiming for massive $4.5 trillion tax cuts, increased spending on defense and border security (including a wall), and cuts to social safety net programs like Medicaid. It’s designed to extend his 2017 tax cuts, which are set to expire.
Crypto trader CryptoBusy suggests OBBBA’s $4.5 trillion tax cuts would inject more money into the economy, with some flowing into hard assets like Bitcoin as a hedge against inflation. Additionally, increased corporate write-offs could encourage companies to hold Bitcoin on their balance sheets, and rising national debt could drive demand for Bitcoin as a “safer haven.”
No, Donald Trump’s “One Big Beautiful Bill Act” has not fully passed yet. While it has passed the Senate, it is currently facing roadblocks in the House of Representatives. As of July 3, 2025, Republicans need a simple majority to pass it in the House, but several Republican members have voted against it.
Ripple has announced its most significant expansion in Latin America to date, moving well beyond…
Running a validator node has always been the most direct way to earn from a…
Bitcoin slipped back below a critical resistance threshold on Monday after failing to sustain gains…
Pi Network is facing one of its most serious credibility challenges since launch. The token…
Mastercard has agreed to acquire stablecoin infrastructure firm BVNK for up to $1.8 billion, including $300 million…
Bittensor (TAO) price has seen a strong rally over the past few days, but the…
