According to The White House (@WhiteHouse), Congress is urged to pass the 'One Big Beautiful Bill' to make the Trump Tax Cuts permanent, preventing what is described as the largest tax increase ever (source: The White House, June 20, 2025). For traders, this legislative move is significant as maintaining lower tax rates could sustain higher disposable income and investment flows into risk assets, including cryptocurrencies like BTC and ETH. Market participants should watch congressional developments closely, as tax policy shifts historically correlate with crypto market volatility and trading volume.

According to The White House, President Trump's newly introduced tax bill in June 2025 offers historic tax cuts for seniors, which could increase disposable income for this demographic. Market analysts note that increased liquidity among seniors may lead to diversified investment portfolios, including greater participation in digital assets such as Bitcoin and Ethereum. As cited by The White House on June 6, 2025, this fiscal policy change is expected to influence capital flows and could drive higher trading volumes in the cryptocurrency market, especially as older investors seek inflation hedges and alternative assets.

According to The White House, the proposed One Big Beautiful Bill aims to make the Trump Tax Cuts permanent, preventing what is described as the largest tax increase in US history if the bill fails to pass (source: The White House, Twitter, June 5, 2025). For traders, this legislative move could have significant implications for cryptocurrency markets. Lower tax burdens historically drive increased disposable income and stronger retail investment flows, potentially boosting demand for digital assets. Conversely, failure to pass the bill may create macroeconomic uncertainty, leading to risk-off sentiment and increased volatility across both traditional and crypto markets. Monitoring legislative developments and their impact on US economic policy is crucial for crypto traders seeking to anticipate market direction.

According to The White House, the new legislative proposal dubbed 'The One, Big, Beautiful Bill' will make the Trump Tax Cuts permanent, resulting in increased take-home pay for American families by up to $13,300 and wage boosts up to $11,600 (Source: The White House, May 20, 2025). For crypto traders, this policy is expected to increase disposable income and retail investment capacity, potentially driving higher retail participation and liquidity in cryptocurrency markets, especially in trending assets like Bitcoin and Ethereum. Analysts note that fiscal policies that boost net income historically correlate with short-term bullish momentum in risk assets, including digital currencies (Source: MarketWatch, 2024).

According to @GOPMajorityWhip, Congress must extend the 2017 Trump tax cuts to prevent negative impacts on American families and manufacturing businesses. The extension is crucial for maintaining economic stability and competitiveness. The tweet emphasizes the urgency of legislative action to avoid economic setbacks.