No crypto wins in Trump’s ‘big beautiful bill,’ but market eyes liquidity boost
While Trump’s budget did not tackle any crypto issues, the liquidity boost might still be a boon for crypto assets.
“Big Beautiful Bill” may still boost crypto markets, despite lacking any crypto-related provisions. On Thursday, June 3, theU.S. House passed House Resolution 1, the landmark budget bill backed by President Donald Trump.
The massive budget, which expands tax cuts and reduces benefits, passed with a narrow 218–214 vote, with just two Republican dissenters: fiscally conservative Thomas Massie of Kentucky and anti-Trump Republican Brian Fitzpatrick. Massie objected on the grounds that the bill would significantly add to the U.S. deficit.
Despite sweeping changes to taxes, immigration…
