Trump's Proposed 'One Big Beautiful Bill' Could Catalyze Bitcoin Rally, Analysts Say

The U.S. House of Representatives is preparing to vote on former President Donald Trump's proposed 'One Big Beautiful Bill Act' (OBBBA), legislation that cryptocurrency analysts believe could significantly benefit Bitcoin and the broader digital asset market. Prominent crypto trader CryptoBusy suggests the bill's economic implications may exceed mainstream expectations.

The proposed legislation includes substantial $4.5 trillion tax cuts that would increase disposable income for both individuals and corporations. Analysts note that such financial liquidity often flows into hard assets like Bitcoin, particularly during periods of inflation concerns or dollar depreciation. Notably, the bill also offers corporations enhanced investment incentives through provisions like 100% bonus depreciation and expanded research write-offs, potentially encouraging corporate Bitcoin adoption similar to MicroStrategy's high-profile treasury strategy.

While potentially bullish for crypto, the bill would simultaneously add approximately $3.3 trillion to the national debt over ten years, a factor CryptoBusy identifies as potentially driving demand for decentralized assets as hedges against currency risks. Trump's increasingly crypto-friendly political stance may further incentivize institutional adoption by reducing regulatory uncertainty.

Currently facing legislative hurdles, the bill remains in negotiation after Wednesday's initial vote saw opposition from four Republican representatives. With Republicans requiring a simple majority for passage, the bill's fate—and its potential crypto market impact—remains uncertain. Bitcoin has already shown positive momentum, rising 3% amid the legislative developments and approaching historic price levels.