Bitcoin adoption fueled by ‘deglobalization,’ Trump’s ‘big, beautiful bill’
Bitcoin adoption may benefit from continued global uncertainty until a trade agreement between the world’s two largest economies is finalized.
Bitcoin’s institutional adoption is seeing a new wave of corporate investments, which stand to benefit from more global uncertainty before a trade agreement is finalized or a controversial US spending bill is passed.
US President Donald Trump is pushing forward the “One Big Beautiful Bill Act,” which he says would cut as much as $1.6 trillion in federal spending.
“The great, big, beautiful bill will grow the economy like it has never grown before,” Trump wrote in a Truth Social post on Thursday. “It puts put our country on the right track, plus!”