Could Trump’s Tax Cuts Push More Investors to Bitcoin

he U.S. just passed a major economic bill, and it is already stirring interest far beyond Washington. Nicknamed the “big, beautiful bill” by President Donald Trump, the legislation delivers deep tax cuts but also pushes government debt to new highs. While politicians argue over the consequences, many in the crypto space are asking a different question: could this be bullish for Bitcoin?

Good to know

• The bill cuts taxes by an estimated $4.5 trillion over 10 years.
• U.S. debt may rise by as much as $5 trillion.
• Bitcoin could benefit if inflation rises or the dollar weakens.

At its core, the bill slashes taxes for workers and businesses. Overtime pay up to $12,500 will be tax-free, and tips up to $25,000 will no longer be taxed either. Supporters say it puts more money in people’s pockets. Critics say it pulls too much money out of government coffers.

The Congressional estimates suggest that over the next decade, these changes will cut federal tax revenue by $4.5 trillion. With no major spending cuts to offset it, that gap will be filled by debt—potentially adding $3.3 to $5 trillion to the national total.

A weaker dollar could lead investors to Bitcoin

More debt often leads to concerns about inflation and dollar stability. If confidence in the dollar slips, global investors tend to look for hedges. That is where Bitcoin enters the conversation.

Bitcoin is limited in supply and does not rely on any government or central bank. If inflation rises and the dollar weakens, Bitcoin often becomes more appealing as a store of value. While it is still volatile, crypto has increasingly become part of the conversation when inflation fears grow.

Bitcoin price in euros—why it still matters outside the U.S.

Even for non-American investors, U.S. economic policy matters. Bitcoin is priced in dollars on global exchanges, so a weakening dollar can affect the price of BTC in euro terms.

For example, if Bitcoin rises in dollars because of new demand—but at the same time the dollar drops compared to the euro—those gains may appear smaller in Europe. Still, Bitcoin’s growth typically outweighs the dollar’s weakness, which means crypto often rises across currencies when inflation is a concern.

Politics aside, crypto markets may gain

Democrats strongly opposed the bill. House Minority Leader Hakeem Jeffries even gave the longest speech in House history trying to block it. But Trump and his allies got the votes. With the bill now passed, focus turns to how markets respond.

So far, crypto investors are optimistic. More spending, looser fiscal policy, and higher deficits often trigger concerns about inflation. If that plays out, crypto—especially Bitcoin—could benefit from the shift in investor mindset.

In short, while the bill is mostly about taxes and government budgets, it may end up driving more people toward digital assets, especially if traditional currencies start to show cracks.