Bitcoin recently surged past 110,000 USD, boosted by macroeconomic conditions and increasing demand for BTC from investment products. Analysts believe BTC could reach 120,000 USD by July end, thanks to favorable fiscal policies.
Trump’s One Big Beautiful Bill Act, projected to increase federal deficits by 3 to 4 trillion USD, is expected to amplify Bitcoin’s market position despite tariff-induced volatility. The bill may drive institutions toward BTC as a hedge against USD devaluation.
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