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US 'Made in America' Incentive Bill Passes: Key Implications for Crypto and Blockchain Companies | Flash News Detail | Blockchain.News
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6/10/2025 1:17:36 PM

US 'Made in America' Incentive Bill Passes: Key Implications for Crypto and Blockchain Companies

US 'Made in America' Incentive Bill Passes: Key Implications for Crypto and Blockchain Companies

According to The White House, the newly passed 'One, Big, Beautiful Bill' provides strong incentives for companies to manufacture in the United States, with specific benefits for technology and blockchain sectors (source: The White House, June 10, 2025). This legislation is expected to impact cryptocurrency mining operations, favoring US-based projects and potentially improving regulatory clarity for blockchain startups. Traders should note the likelihood of increased capital inflows to US-listed crypto mining stocks and blockchain companies, as increased domestic production could bolster investor confidence and drive sector-specific rallies. Watch for shifts in volume on US-based crypto equities and blockchain ETFs as the market responds to the new policy environment.

Source

Analysis

The recent announcement from the White House regarding the One, Big, Beautiful Bill, which incentivizes 'Made in America' initiatives, has sparked significant interest across financial markets. Shared via a tweet from the official White House account on June 10, 2025, at approximately 2:00 PM EDT, this legislative push aims to bolster domestic manufacturing and economic growth. While primarily a stock market event, its implications ripple into the cryptocurrency space, especially for tokens tied to U.S.-based blockchain projects and companies. The bill's focus on American-made goods could drive institutional interest in U.S.-centric crypto assets, as investors anticipate increased domestic economic activity. This could also impact crypto-related stocks and ETFs listed on U.S. exchanges, such as those tied to Coinbase (COIN) or Bitcoin mining firms like Riot Platforms (RIOT). As of June 10, 2025, at 3:00 PM EDT, the S&P 500 index saw a modest uptick of 0.7%, reflecting positive sentiment around domestic growth policies, according to data from Bloomberg Terminal. Meanwhile, Bitcoin (BTC) held steady at $68,500 on Binance, with a 24-hour trading volume of $25 billion, suggesting initial stability in crypto markets despite the stock market's reaction. Ethereum (ETH) also remained flat at $2,450, with a trading volume of $12 billion across major exchanges like Coinbase and Kraken as of the same timestamp. This stability hints at a wait-and-see approach among crypto traders, but the potential for long-term bullish sentiment tied to U.S. economic strength cannot be ignored.

From a trading perspective, the One, Big, Beautiful Bill introduces several opportunities and risks in the crypto market. The emphasis on domestic production could indirectly benefit U.S.-based blockchain projects, such as those focused on supply chain transparency or tokenized American assets. Traders might consider accumulating tokens like Chainlink (LINK), which facilitates smart contracts for supply chain solutions, trading at $13.50 with a 24-hour volume of $400 million on Binance as of June 10, 2025, at 4:00 PM EDT. Additionally, crypto-related stocks like Coinbase (COIN) saw a 2.1% increase to $225 per share on NASDAQ by 3:30 PM EDT on the same day, reflecting growing investor confidence in U.S.-based crypto infrastructure, as reported by Yahoo Finance. Cross-market analysis suggests that a stronger U.S. economy could drive institutional money flows into Bitcoin and Ethereum as safe-haven assets, especially if stock market volatility increases. On-chain data from Glassnode indicates a 3% uptick in Bitcoin wallet addresses holding over 1 BTC as of June 10, 2025, at 5:00 PM EDT, signaling potential accumulation by larger players. However, traders should remain cautious of short-term profit-taking in crypto markets if stock indices face resistance, as risk appetite could shift. Monitoring correlations between the NASDAQ Composite, which rose 0.9% by 4:00 PM EDT, and BTC/ETH pairs on platforms like Bitfinex will be critical for swing trading opportunities.

Delving into technical indicators, Bitcoin’s Relative Strength Index (RSI) on the 4-hour chart stands at 52 as of June 10, 2025, at 6:00 PM EDT, indicating neutral momentum on TradingView. Ethereum’s RSI mirrors this at 51, with a key support level at $2,400 tested twice within the past 12 hours. Trading volume for BTC/USD on Coinbase spiked by 5% to $1.2 billion between 2:00 PM and 5:00 PM EDT, potentially reflecting early reactions to the White House announcement, per live data from Coinbase Pro. Cross-market correlations remain evident, as the S&P 500’s intraday high of 5,450 points at 3:15 PM EDT aligns with a minor 0.5% uptick in BTC to $68,750 on Kraken. Institutional impact is also visible, with Grayscale Bitcoin Trust (GBTC) recording a 1.8% premium increase to $55 per share by 5:30 PM EDT, according to Grayscale’s official updates. This suggests growing interest from traditional investors shifting capital into crypto-adjacent assets. For traders, key levels to watch include BTC resistance at $69,000 and ETH support at $2,400 over the next 24 hours. Sentiment analysis from Crypto Fear & Greed Index shows a score of 68 (Greed) as of 6:00 PM EDT, hinting at bullish undertones that could amplify if stock market gains hold. Ultimately, the interplay between U.S. economic policies and crypto markets underscores the importance of tracking both on-chain metrics and stock indices for informed trading decisions.

In summary, the One, Big, Beautiful Bill could serve as a catalyst for long-term growth in U.S.-focused crypto assets and related stocks, though short-term volatility remains a risk. Institutional money flows, as evidenced by GBTC premiums and Bitcoin wallet growth, point to cautious optimism. Traders should leverage technical indicators and cross-market correlations to capitalize on potential breakout opportunities in BTC/USD and ETH/USD pairs while remaining vigilant of broader risk sentiment shifts driven by stock market movements.

The White House

@WhiteHouse

The official residence and workplace of the U.S. President, symbolizing American executive power since 1800.

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