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President Donald Trump‘s widely debated “Big Beautiful Bill” passed through the Senate overnight, setting the stage for major fiscal expansion and prompting several market analysts to point to Bitcoin (CRYPTO: BTC) as a potential long-term beneficiary.
Experts suggest the bill’s projected impact on government spending, inflation, and the U.S. dollar could drive a shift toward Bitcoin as investors look for alternative stores of value.
What Experts Are Saying: Speaking with Benzinga, Steven Rossi, CEO of Worksport (NASDAQ:WKSP), noted that the bill’s large spending commitments could increase Bitcoin’s appeal as a hedge against inflation.
“The bill could drive Bitcoin’s appeal as an inflation hedge amid its $3.3 trillion deficit, with companies like Worksport and Strategy (NASDAQ:MSTR) holding Bitcoin in their treasuries to counter fiat devaluation,” Rossi said.
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However, he warned that without the inclusion of Senator Cynthia Lummis‘ (R-Wyo.) proposed crypto tax incentives, adoption could remain limited.
Rossi added that the House’s potential to add these tax breaks could significantly accelerate Bitcoin’s growth.
Joshua Field, Managing Partner at Contango Digital, told Benzinga that unchecked government spending remains a bipartisan issue.
“It doesn’t matter which party is in control, more spending is always on the table,” Field said.
He expects persistent inflationary pressure to continue, which could reinforce Bitcoin’s position as a preferred safe-haven asset over the next few years.
Steven Willinger, General Partner at Blockchain Builders Fund, said the bill is likely to push asset prices higher but at the expense of the dollar’s strength and long-term debt stability.
Willinger pointed out that the bill’s fiscal stimulus, combined with recent political positioning that challenges Federal Reserve Chair Jerome Powell‘s independence, may lead to faster interest rate cuts.
“Bitcoin was created as an alternative monetary system and store of value to provide an option outside of the current political constraints,” Willinger said.
He expects Bitcoin and correlated assets to appreciate significantly in the near to medium term.
Willinger also highlighted the bill’s indirect impact on the crypto sector, noting that it reduces regulatory hurdles for small crypto businesses and payment platforms.
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