According to Fox News, the House passed President Trump's 'big, beautiful' budget bill in a late-night session, prompting accusations of cowardice from Democrats over the timing of the vote (Fox News, May 20, 2025). For crypto traders, the bill’s passage signals possible regulatory changes and fiscal policies that could impact digital asset markets, especially as government spending and financial priorities shift. Market participants should monitor upcoming policy details for implications on crypto taxation and federal oversight.

According to Fox News, House Speaker Mike Johnson is urging an aggressive schedule for passing former President Trump's budget bill after recent Republican discord. Market analysts note that expedited budget approval could directly influence fiscal policy, impacting liquidity and risk sentiment in both equity and cryptocurrency markets (source: Fox News). Traders should monitor how swift legislative action could drive volatility, especially in Bitcoin and altcoin markets, as U.S. government spending decisions historically shape crypto price trends (source: Fox News).

According to Fox News, the top House tax-writer stated that the Trump budget bill, set for 2025, will provide substantial support for seniors by enhancing social benefits and tax relief measures. This legislative move could redirect capital flows, as seniors may have increased disposable income, potentially influencing retail investors’ behavior in both traditional and crypto markets. Market participants should monitor fiscal policy changes closely, as increased liquidity among senior investors could lead to higher volatility in mainstream assets and alternative investments such as Bitcoin and Ethereum. Source: Fox News (May 17, 2025).