Bitcoin, crypto market decline as Senate passes President Trump’s Big Beautiful Bill

  • The crypto market faced a decline on Tuesday, with Bitcoin dropping to $105,000.
  • Top altcoins Ethereum, XRP, and Solana declined 3.2%, 3% and 4%, respectively.
  • The decline comes amid US Senate approval of One Big Beautiful Bill, reigniting tensions between President Trump and Elon Musk.

Bitcoin (BTC) is down 1.5% in the early Asian session on Wednesday as the crypto market saw a downturn following fresh political tensions between US President Donald Trump and Tesla CEO Elon Musk over the “One Big Beautiful Bill,” which narrowly passed the Senate.

Bitcoin, altcoins retreat as Big Beautiful Bill moves past Senate

President Donald Trump’s One Big Beautiful Bill (OBBB) narrowly passed the Senate on Tuesday following a 51-50…

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