Trump’s ’Big Beautiful Bill’ Snubs Crypto—But Traders Bet on Liquidity Surge Anyway

Crypto got ghosted in Washington's latest fiscal spectacle—but the market's already pricing in a liquidity tsunami.

No direct wins for Bitcoin in Trump's signature legislation? No problem. Traders are front-running the dollar deluge like it's 2021 all over again.

When the money printer goes brrr, digital assets drink first. Just don't ask the SEC to approve a spot ETF before the election.

Bitcoin up after Trump’s budget passes

While the crypto industry may be disappointed by the absence of direct legislative gains, the market responded positively. Bitcoin (BTC) traded near the $110,000 level, up 0.24% over the past 24 hours, while the overall crypto market capitalization rose 0.3%.

The positive reaction likely stems from the expected stimulative effect of the budget. Economists project that the new fiscal package could add between $3 trillion and $4 trillion to the U.S. national debt over the next decade, due to a combination of lower taxes and increased spending.

This surge in deficit spending is expected to inject liquidity into the financial system, a development that typically lifts both equities and crypto assets. While the bill itself did not address digital assets, its potential to boost liquidity has already begun to influence market sentiment.