President Trump signing the new economic bill could lead to a temporary drop in Bitcoin's price, according to predictions by experts.
The bill includes tax cuts and a higher debt ceiling, potentially causing the U.S. Treasury to borrow heavily, which might affect liquidity in risk assets like Bitcoin.
Despite the short-term pressure, experts believe that the bull cycle for Bitcoin remains intact, and the cryptocurrency is expected to continue its upward trend.
There is a growing connection between cryptocurrency and U.S. fiscal policy, with stablecoins potentially becoming tools for managing national debt, a trend that might shift control to regulated financial institutions.