According to Fox News, Trump's conservative allies have warned that Congress is facing a crucial test with the proposed $9.4 billion spending cut, emphasizing the urgency of fiscal responsibility in Washington (source: Fox News, June 7, 2025). Traders should note that significant US government spending cuts can impact macroeconomic sentiment and liquidity, which often influences both the stock and cryptocurrency markets. Historical patterns show that fiscal tightening may prompt risk aversion, affecting Bitcoin and altcoin volatility as traders adjust to potential shifts in US economic policy.