🇺🇸 The “Big Beautiful Bill” just cleared the House and is headed to Trump's desk 🇺🇸
Here’s what it means for crypto, #XRP, and your portfolio - and what happens next. 🧵👇
Here’s what it means for crypto, #XRP, and your portfolio - and what happens next. 🧵👇
1/ Late last night, the Senate passed Trump’s “One Big Beautiful Bill” - a sweeping economic package that’s now headed to Trump's desk for final approval.
✅ Massive tax cuts
✅ $3T+ in new debt
❌ No direct crypto provisions (yet)
Let’s break it down 🧩
✅ Massive tax cuts
✅ $3T+ in new debt
❌ No direct crypto provisions (yet)
Let’s break it down 🧩
2/ The bill passed 50-50 with VP JD Vance breaking the tie.
It’s a fiscal stimulus bomb - expected to flood the system with debt & fuel inflation over the next decade.
That’s bad for the dollar…
And potentially very good for #Bitcoin, #XRP, and #Crypto . 🧠
It’s a fiscal stimulus bomb - expected to flood the system with debt & fuel inflation over the next decade.
That’s bad for the dollar…
And potentially very good for #Bitcoin, #XRP, and #Crypto . 🧠
3/ 🚨 What didn’t make it in?
Key crypto tax reforms were removed at the last minute:
• No exemption for small transactions (<$300)
• No relief for staking or mining taxation
• No clarity on digital asset treatment
Sen. @CynthiaMLummis tried. The Senate said “no.” 😡
Key crypto tax reforms were removed at the last minute:
• No exemption for small transactions (<$300)
• No relief for staking or mining taxation
• No clarity on digital asset treatment
Sen. @CynthiaMLummis tried. The Senate said “no.” 😡
4/ So what’s the impact on crypto markets?
Despite initial fear, the market is rebounding fast:
📈 BTC back above $109K
📈 ETH up 6%
📈 XRP up 3.2% to ~$2.26
Investors see this bill as inflationary - and crypto as the hedge. 💰
Despite initial fear, the market is rebounding fast:
📈 BTC back above $109K
📈 ETH up 6%
📈 XRP up 3.2% to ~$2.26
Investors see this bill as inflationary - and crypto as the hedge. 💰
5/ Even without direct benefits, this bill sends a signal:
📉 The dollar is weakening
📈 Debt is growing
🏦 Institutions will seek alternatives
Crypto stands to benefit. And #XRP - as a fast, efficient settlement asset - is well-positioned. 🔄
📉 The dollar is weakening
📈 Debt is growing
🏦 Institutions will seek alternatives
Crypto stands to benefit. And #XRP - as a fast, efficient settlement asset - is well-positioned. 🔄
6/ What happens next?
✅ House reconciliation (passed)
📍 Trump expected to sign around July 4th
📍 Crypto-specific bills (like the Lummis Tax Bill) will come separately later this year
Don’t expect crypto clarity from this bill - yet. But it’s coming. 📜
✅ House reconciliation (passed)
📍 Trump expected to sign around July 4th
📍 Crypto-specific bills (like the Lummis Tax Bill) will come separately later this year
Don’t expect crypto clarity from this bill - yet. But it’s coming. 📜
7/ Meanwhile, keep your eyes on:
✅ GENIUS Act (Stablecoin framework)
✅ Potential Executive Orders post-July 4
✅ Lummis tax reform bill
✅ Treasury + Fed response to inflation 🔥
#XRP holders - we’re still early. And macro forces are turning in our favor.
✅ GENIUS Act (Stablecoin framework)
✅ Potential Executive Orders post-July 4
✅ Lummis tax reform bill
✅ Treasury + Fed response to inflation 🔥
#XRP holders - we’re still early. And macro forces are turning in our favor.
8/ 📌 In conclusion:
• “Big Beautiful Bill” = huge debt, no crypto clarity
• XRP up on macro hedge sentiment
• Tax reforms and regulatory clarity still to come
• Institutions are watching 👀
This is the setup phase before liftoff. 🚀
• “Big Beautiful Bill” = huge debt, no crypto clarity
• XRP up on macro hedge sentiment
• Tax reforms and regulatory clarity still to come
• Institutions are watching 👀
This is the setup phase before liftoff. 🚀
• • •
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