One Big Beautiful Bill Act Drives 20% Bitcoin Surge Amid Inflation Fears

The One Big Beautiful Bill Act, a comprehensive U.S. federal spending package currently under Senate review, is significantly impacting the cryptocurrency landscape. After passing the House in May, the bill, which covers a wide range of areas including military spending, infrastructure, and tax breaks, is intended to serve as an economic stimulus. However, concerns over the potential for increased federal debt and fiscal discipline have renewed interest in Bitcoin and other decentralized assets, according to a new report.

Bitcoin is increasingly being seen as a hedge against monetary dilution. As debates intensify over the bill’s potential to inflate the federal deficit, investors are turning to BTC as a safeguard against the devaluation of fiat currency. The sentiment across social media and financial commentary channels is clear: if the government is going to spend significantly, holding assets that cannot be inflated is a prudent strategy. Bitcoin’s scarcity narrative is resonating strongly, particularly among those concerned about long-term inflation risks.

The bill is also driving interest in tokens that emphasize privacy, decentralization, and financial independence. Projects like Monero and MakerDAO have seen increased attention, reflecting a growing appetite for crypto assets that offer alternatives to centralized monetary control. Even algorithmic stablecoins, despite their controversies, are being reconsidered in the context of fiat skepticism. Politically-themed meme coins have also spiked in popularity, though this may be more tied to news cycles than genuine utility.

While the bill remains controversial, with critics arguing that it benefits the wealthy while placing future burdens on working-class Americans, it may offer some benefits for crypto traders. There is speculation that the final version could include clearer tax rules for digital assets, potentially simplifying one of the most complex pain points for U.S. crypto investors.

As the Senate works towards a July deadline, markets are closely monitoring the fiscal outcomes. If the final version of the bill escalates concerns about deficit spending without corresponding economic growth, Bitcoin and decentralized assets could see further benefits. Conversely, if crypto-specific regulations materialize in a way that favors user adoption, even more capital may flow into the space. The outlook for crypto sentiment is closely tied to fiscal policy, and the passage of the One Big Beautiful Bill Act could have significant implications for the cryptocurrency market.