As the U.S. House of Representatives gears up to vote on the Trump administration’s ambitious “One Big Beautiful Bill Act” (OBBBA), well-known crypto analyst CryptoBusy suggests that the bill might act as an unexpectedly strong catalyst for Bitcoin 
$77,774 and other cryptocurrencies. The proposed legislation includes $4.5 trillion in tax cuts and generous incentives for companies, but it also raises concerns due to a projected addition of $3.3 trillion to the U.S. deficit, which could weaken the dollar and drive investors toward “safe havens” like Bitcoin. Notably, Bitcoin’s value has already increased by 3%, nearing its all-time high.
Potential Impact of the $4.5 Trillion Cut on Bitcoin
This proposal introduces substantial tax cuts for individuals and businesses, potentially upping the cash flow in the economy. CryptoBusy notes that past liquidity surges have often redirected into robust assets such as gold and Bitcoin.
Among the most notable provisions for companies are 100% bonus depreciation to accelerate spending and expanded deductions for research and development costs. These measures could reinforce the trend of adding Bitcoin to balance sheets, as seen in examples like Strategy.
With profit margins increasing, businesses may gravitate toward the cryptocurrency market for portfolio diversification. Additionally, the continuity of tax advantages could broaden institutional investment horizons, further cementing Bitcoin’s role as a digital store of value. The combination of increased liquidity and a tax-friendly environment is anticipated to accelerate an upward trend in the market.
Risk of Additional Debt Load
The $4.5 trillion cut is expected to raise the U.S. federal debt by $3.3 trillion within a decade. CryptoBusy emphasizes that this elevated debt load could depreciate the dollar’s value, encouraging investors to seek options independent of state control, particularly Bitcoin. Meanwhile, Trump’s unexpectedly favorable stance on cryptocurrencies reduces regulatory uncertainties, potentially serving as a secondary driving force that accelerates institutional adoption.
The bill is yet to pass the House of Representatives. In the initial vote on Wednesday, four Republican members voted “no,” forcing House Speaker Mike Johnson to seek additional support. Given that only a simple majority is required, every intraparty dissent is crucial. If the OBBBA is approved, experts predict that the ongoing bullish trend in Bitcoin could lead to new records.
