Bitcoin surges amid U.S. House Committee’s approval of Trump’s tax cut bill

On May 22, 2025, the U.S. House Rules Committee endorsed Trump’s tax cut proposal, leading to pivotal discussions about economic impact and federal deficits.

Bitcoin (BTC) traded at 110,402.99 USD, showcasing a robust surge of 3.46% in one day and a significant 25.22% over the month, indicating strong investor interest.

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