From Nasdaq: 2025-05-30 07:45:00

The One Big Beautiful Bill Act, spearheaded by Donald Trump, aims to make tax cuts permanent and suspend federal taxes on tips and overtime through 2028. It also tightens restrictions on Medicaid and food stamps while raising the U.S. debt ceiling by $4 trillion. Bitcoin’s surge to new highs coincides with this political push.

The bill signifies a shift towards addressing fiscal deficits and national debt, with estimates showing it could reduce federal revenue by up to $11.2 trillion in the next decade. Bitcoin’s anti-inflationary nature makes it an attractive asset in light of the government’s continued borrowing and inflationary practices. Investors should consider long-term strategies when investing in Bitcoin.

Despite Bitcoin’s volatility and lack of underlying value, it remains a popular choice for investors seeking an alternative to traditional assets. The Motley Fool Stock Advisor team highlights 10 other stocks for potential investment opportunities, noting Bitcoin was not included in their recommendations. Consider diversifying your portfolio and practicing dollar-cost averaging when investing in Bitcoin.



Read more at Nasdaq: Is President Trump’s “One Big Beautiful Bill Act” Pushing Bitcoin to All-Time Highs?