Bitcoin Market Surge Following Senate's Passage of Landmark Bill
Tuesday, 1 July 2025, 12:23
Bitcoin Market Surge Following Legislation
The Senate narrowly passed President Trump’s massive tax and spending bill Tuesday, resulting in a noteworthy shift for the Bitcoin market. This bill, passed with a 51 to 50 vote, is seen as a potential catalyst for investment opportunities in cryptocurrencies.
Key Voting Details
- All but three Republicans supported the bill.
- Vice President JD Vance cast the tie-breaking vote.
- Opposition came from GOP Senators who voted against the bill.
As attention turns towards the House for final approval, speculations arise regarding Bitcoin's future performance in light of this legislative shift.
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