Bitcoin’s Wild Ride: Trump’s Big Bill and the Rise of Digital Gold!

Ah, the grand spectacle of Bitcoin! Like a phoenix rising from the ashes of global chaos, it finds itself basking in the glow of corporate investments. Who knew uncertainty could be so profitable? Before the ink dries on a trade agreement or that oh-so-controversial spending bill, Bitcoin is strutting its stuff like a peacock in a field of pigeons. 🦚

Enter the illustrious US President Donald Trump, champion of the “One Big Beautiful Bill Act.” A bill that promises to slice a whopping $1.6 trillion from federal spending. Because, you know, who needs money for roads and schools when you can have a “beautiful” economy? 💸

“This great, big, beautiful bill will grow the economy like it has never grown before!” Trump declared on Truth Social, as if he were announcing the next blockbuster movie. “It puts our country on the right track, plus!” Because who doesn’t love a good “plus” at the end of a sentence? 😏

Meanwhile, the trade agreement saga between the United States and China continues, with Trump claiming it’s “subject to final approval.” Sounds like a thrilling cliffhanger, doesn’t it? 📜

But wait! Elon Musk, the self-proclaimed oracle of our times, took to X on June 5 to rain on Trump’s parade, warning that this spending bill could balloon the deficit to a staggering $2.5 trillion. Because why not add a little drama to the mix? 🎭

As the US deficit swells, the central banks might just whip out their magic wands and start quantitative easing (QE). You know, the classic move where they buy bonds and pump money into the economy like it’s a never-ending fountain of cash. 💰

Arthur Hayes, the BitMEX co-founder, predicts Bitcoin could soar to $250,000 if the Fed decides to pivot to QE. Inflationary pressures from trade tariffs? Just another day in the life of Bitcoin! 🚀

Lucas Outumuro, the vice president of institutional DeFi at Sentora, chimed in, saying, “Bitcoin has been benefiting from this deglobalization that Trump has been bringing forth.” Because nothing says “stability” like questioning the safety of your wealth in the US economy! 🤔

— CryptoMoon (@CryptoMoon) June 5, 2025

Trump’s reciprocal import tariffs, unveiled on April 2, aim to tackle the country’s trade deficit of $1.2 trillion. Because nothing screams “let’s boost domestic manufacturing” like a good ol’ tariff war! ⚔️

New Bitcoin whales reach record realized capitalization

In the midst of this chaos, Bitcoin adoption among large investors has surged, pushing its realized capitalization among new whales to a staggering $113.7 billion. CryptoQuant data shows that these whales, with at least 1,000 Bitcoin and an average coin age below 155 days, are swimming in riches! 🐋

Interestingly, the average age of Bitcoin holders is dropping, indicating that more short-term holders are diving into the Bitcoin pool. “That’s a sign that the market is getting heated,” Outumuro noted, as if we were all waiting for the next big reality show twist! 📺

Led by Strike CEO Jack Mallers, Twenty One Capital is on a mission to create Bitcoin-native capital markets infrastructure. Because who wouldn’t want to lend, custody, and issue assets directly on Bitcoin rails? It’s like building a rollercoaster in a candy store! 🎢

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2025-06-12 17:52