It would help to drop a link and a summary of the bill and why it should have any effect on bitcoin at all.
Here's an article and another I could find on it, and if I understand it correctly, it suggests there would be stricter regulation of cryptocurrency through taxations and the use of ambiguous words in the bill makes it unclear who exactly would be affected.
If it would have an effect, it would likely only be short term and with time the position of the Senate and the IRS would become clearer, it also has the potential to be bullish as it shows growing acceptance of digital assets by the government.
Topic: US Infrastructure Bill 2021 and Bitcoin - page 3. (Read 458 times)
What will be the impact of US Infrastructure Bill 2021 on bitcoin ? Many people are saying that bitcoin will dump on this event but i fell otherwise. When everyone is anticipating a dump, we may see opposite. Also bitcoin is moving in falling wedge pattern and a pump is more likely to happen.
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