According to Fox News, the US Senate unanimously approved a $25,000 tax deduction for tipped workers on May 21, 2025, a move expected to increase disposable income for millions of service industry employees. Analysts note that this could boost consumer spending and potentially drive increased retail participation in the cryptocurrency market, as more individuals may have extra capital to invest in digital assets. Market watchers are monitoring for short-term surges in crypto trading volumes and altcoin activity following this policy change. (Source: Fox News @FoxNews)