According to The White House (@WhiteHouse), the US Congress has passed the One Big Beautiful Bill, which cancels the Biden administration’s student loan forgiveness plans, citing protection for taxpayers (source: Twitter, June 11, 2025). This policy reversal could increase disposable income constraints among younger demographics, potentially reducing retail investor flows into risk assets like cryptocurrencies. Crypto market volatility may rise as traders reassess retail demand and broader macroeconomic sentiment in response to this legislative change.