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House Passes Trump’s Trillion-Dollar Tax Bill, Sparking Bitcoin Hedge Narrative

  • The House passes Trump's trillion-dollar tax bill after a tense 24-hour standoff and intense negotiations.
  • The final vote of 218-214 fell largely along party lines and met the president's July 4 deadline, ending a four-month battle with ideological rifts.
  • The bill's passage is expected to significantly increase government borrowing and could lead to a weaker U.S. dollar and rising inflation.
  • Analysts predict interest in alternative assets like Bitcoin may rise as investors seek to hedge against dollar depreciation and long-term debt concerns.

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