According to Fox News, the U.S. Senate unanimously passed a bill granting tipped workers a tax deduction of up to $25,000. This legislative move is seen as a significant boost to consumer spending power, particularly for lower-income groups, which could increase liquidity in both traditional and crypto markets. Traders should monitor potential upticks in retail-driven crypto activity as improved household finances often correlate with higher retail crypto investments. This development may also shift short-term sentiment for major coins like Bitcoin and Ethereum, as positive fiscal policy can spur broader risk-on market behavior. Source: Fox News (May 21, 2025).

According to The White House, the March jobs report exceeded expectations with 228,000 jobs added, suggesting strong economic growth. This may influence cryptocurrency markets as investors seek stable economic indicators. Traders should monitor U.S. economic policies and their potential impact on crypto assets.

According to @WhiteHouse, Howard Lutnick's confirmation as Commerce Secretary is expected to influence U.S. economic policy by promoting growth strategies that prioritize American businesses and reinforce the country's stance in global trade. This appointment is likely to impact market dynamics, particularly in sectors heavily involved in international trade.