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**Senate Passes Big Beautiful Bill, Setting Stage for Bitcoin Momentum**
The United States Senate has just passed the “Big, Beautiful Bill,” a major fiscal bill pushed forward by President Donald Trump. The legislation has significant implications on the economic landscape and digital asset market, particularly in regards to Bitcoin (BTC).
This latest development is expected to set the stage for increased Bitcoin momentum. Although no crypto-specific amendments were included in this version of the bill, ongoing advocacy efforts in the House could potentially lead to changes before the final version is adopted.
The bill eliminates federal income taxes on overtime wages and tipped employment, leading to increased disposable income for millions of workers. As a result, retail interest in digital assets might strengthen, further reinforcing Bitcoin’s correlation with economic cycles in 2025. The alignment of tax relief with pro-Bitcoin sentiment may influence the regulatory direction moving forward.
Notably, this development aligns with Trump’s recent crypto-friendly remarks and platform priorities. It is essential for investors to consider the potential implications of these changes on their portfolios.
Source: coincentral.com
