According to @AltcoinGordon, Bitcoin (BTC) is poised to challenge its all-time high, driven by powerful macroeconomic tailwinds and U.S. fiscal policy. The analysis highlights that President Trump's proposed 'Big Beautiful Bill' and his comments suggesting economic growth will offset deficits are strengthening the bull case for BTC as an inflation hedge. This sentiment is echoed by crypto analyst Will Clemente, who noted such policies make Bitcoin and gold preferable to U.S. Treasuries. Furthermore, hedge fund founder Ray Dalio warned that the bill could push U.S. debt-to-GDP ratio towards 130%, increasing the appeal of hard assets. With the U.S. M2 money supply at a record $21.9 trillion and a historically strong July for BTC, market conditions appear favorable. Technical analysis shows BTC finding support at $107,300 while trading near $108,000, with significant volume confirming upward momentum.

According to @FoxNews, Bitcoin (BTC) is gaining bullish momentum as traders weigh the implications of U.S. fiscal policy and upcoming macroeconomic data. President Trump's recent social media post, suggesting economic growth will offset deficits from his proposed $3.8 trillion tax cut package, has strengthened the case for holding hard assets. Crypto analyst Will Clemente noted on X that such loose fiscal policy makes Bitcoin and gold attractive hedges against potential inflation and currency debasement compared to long-term U.S. Treasuries. In terms of price action, BTC traded in a volatile range between $107,194 and $108,489, with technical analysis showing key support established at $107,300. Looking ahead, the market is focused on Fed Chairman Jerome Powell's testimony and the Core PCE inflation data. A dovish stance from Powell or a benign PCE report, with consensus expecting a 0.1% month-on-month increase, could further fuel risk-taking and benefit BTC. Analysts at ING, however, caution that the inflationary impact of tariffs may delay rate cuts until December.

According to @FoxNews, the crypto market is largely ignoring President Trump's renewed tariff threats, with Coinbase analysts noting that markets have disregarded these potential economic risks. A more significant trading signal emerged from Trump's fiscal policy stance, where he stated that robust economic growth would offset deficits from a proposed $3.8 trillion tax-cut bill. Crypto analyst Will Clemente highlighted this on X, suggesting such loose fiscal policy strengthens the bull case for hard assets like Bitcoin (BTC) and gold as hedges against potential inflation and currency debasement, while making long-term U.S. Treasuries less attractive. From a technical standpoint, BTC has established support around $107,300, trading in a daily range between $107,194 and $108,489, with BTCUSDT recently priced at $107,631.72.

According to @StockMKTNewz, the cryptocurrency market showed resilience to President Trump's tariff threats against Canada, with Bitcoin (BTC) trading within a tight range of $107,194 to $108,489. The source indicates that a subsequent social media post from Trump, suggesting that massive economic growth will offset deficits from a proposed $3.8 trillion tax cut bill, has strengthened the bullish case for Bitcoin and gold as hedges against loose fiscal policy and potential inflation. Analyst Will Clemente highlighted that this policy stance makes hard assets like BTC more attractive than long-term U.S. Treasuries. While Bitcoin remained stable, crypto-related stocks such as Coinbase (COIN) and Circle (CRCL) saw significant declines of 6% and 16%, respectively. Technical analysis from the source identifies a key support level for BTC at $107,300.