Senate Approves Trump's Trillion-Dollar Crypto Incentive Package

• Trump bill brings tax exemption to cryptocurrencies
• Bitcoin gains momentum on inflation fears
• Ethereum and altcoins react positively to the package

The United States Senate has approved the “Big Beautiful Bill,” a $3,3 trillion bill proposed by current US President Donald Trump. The package, which is still awaiting approval in the House, has sparked positive reactions in cryptocurrency markets, fueled by inflationary fears and pro-sector measures.

According to the Santiment report, crypto markets have shown a clear upward trend following the Senate’s approval. Bitcoin miners are among the potential beneficiaries, given the potential impact the package could have on the dollar’s ​​purchasing power. Bitcoin, in this context, reinforces its narrative as a digital store of value.

Among the bill's provisions are tax deferrals on staking and mining gains, as well as an exemption for cryptocurrency transactions of up to $300. These measures aim to simplify the everyday use of digital assets and increase their attractiveness among US taxpayers.

Analyst Marius points out that the appreciation isn’t limited to BTC. Ethereum and other infrastructure-based altcoins could also benefit as investors seek out assets with higher potential returns. On the other hand, low-utility tokens and meme coins could take a backseat in a more selective environment.

From a macroeconomic perspective, the bill includes tax cuts exceeding $4,5 trillion and reductions in entitlement programs totaling $1,2 trillion, with no revenue offsetting measures. This arrangement increases inflationary risks, favoring scarce assets such as bitcoin.

Crypto Dad believes Trump’s proposal represents a direct boost to the crypto sector, reinforcing BTC’s role as a hedge against inflation and expansionary fiscal policy. The proposal also strengthens the appeal of cryptocurrencies in a scenario of monetary uncertainty.

Despite the optimism in retail, large investors are still awaiting the developments in monetary policy. If the Federal Reserve reacts with interest rate hikes, part of the institutional capital may postpone allocations. However, if the text is maintained in the House with its clauses favorable to cryptocurrencies, it could trigger a new cycle of appreciation for bitcoin, ethereum and selected altcoins.