U.S. Senate passes 3.3 trillion dollar budget...Bitcoin, Highlighted as an Inflation Hedge Asset
As the United States Senate passes the budget plan proposed by President Donald Trump, known as the 'Big Beautiful Bill' amounting to 3.3 trillion dollars, signs of subtle change are appearing in the cryptocurrency market. With this budget plan expected to increase the national debt of the United States by more than 3 trillion dollars, Bitcoin is once again being highlighted as a representative hedge against the decline in fiat currency value.
BeInCrypto analyzed, “This fiscal expansion is likely to stimulate inflationary pressure, and market participants may re-evaluate Bitcoin as a safe asset,” explaining that Bitcoin's narrative as 'digital gold' could be further solidified by this situation.
Ethereum and major altcoins are also likely to see short-term benefits. As money exits the bond market, interest in alternative assets is rising, and cryptocurrencies are at the center of this trend. However, experts pointed out that not all cryptocurrencies receive the same benefits. Utility tokens with infrastructure or practical use cases are expected to attract investment, but there are concerns that meme coins could face high volatility.
This passage of the budget is stimulating a trend of renewed attention to the cryptocurrency market beyond mere fiscal policy, with particular interest in how Bitcoin will secure its position in the new financial environment.