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Trump to Sign 'Big Beautiful Bill' Might Trigger Short-Term Bitcoin Decline and Long-Term Recovery
President Trump is scheduled to sign the "Big Beautiful Bill" at 4:00 on July 5th. This bill injects trillions of USD into the economy but lacks sufficient revenue sources, raising concerns about increased deficits and inflation. According to Arthur Hayes of BitMEX, Bitcoin might experience a short-term decline amid liquidity withdrawal pressures from risk assets, but is expected to recover in the long term owing to monetary easing.
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AI Analysis
The anticipation surrounding President Trump's signing of the 'Big Beautiful Bill' has significant implications for financial markets, including cryptocurrencies. The bill's infusion of trillions of d...
AI Recommendation
Given the anticipated short-term volatility from liquidity withdrawal and market caution, a prudent approach would be to observe Bitcoin's initial response and avoid aggressive positions immediately a...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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