According to Fox News, the Congressional Budget Office (CBO) estimates that the latest US spending bill—covering tax policy, border security, and healthcare reform—will add $3 trillion to the national debt. The CBO has urged the Senate to revise the bill to be more fiscally responsible. For crypto traders, such significant deficit growth typically weakens the US dollar and can drive increased interest in Bitcoin and other cryptocurrencies as alternative assets. Historically, rising federal debt and fiscal uncertainty have correlated with bullish sentiment in the crypto market, as investors seek hedges against potential inflation and currency devaluation. (Source: Fox News, June 5, 2025)