<ul data-eligibleForWebStory="false"><li>The United States Senate approved President Donald Trump’s tax-and-spending package, the “One Big Beautiful Bill Act,” with Vice-President J.D. Vance casting the tie-breaking vote.</li><li>The crypto market reacted positively to the news with a surge in bullish sentiments and references to the bill, which historically coincides with short-term upside in digital asset prices.</li><li>While the Senate bill does not contain direct regulatory relief for digital assets, some provisions, like the reinstatement of 100 percent bonus depreciation and the elimination of federal taxes on tips and overtime pay, have clear implications for the sector.</li><li>Bitcoin initially slipped after the Senate approval but stabilized just above $106,000, drawing mixed reactions from analysts and market participants.</li></ul>

Bitcoin Bulls Rejoice: Trump’s ‘Big Beautiful Bill’ Clears Senate

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