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The "Great Beauty Act" does not have a direct Favourable Information effect on the crypto world, but rather has a dual nature:
In the short term: The fiscal expansion and capital flow effects of the bill may indirectly drive up the prices of major crypto assets such as Bitcoin, especially under the influence of safe-haven demand and market sentiment recovery.
Long-term view: The lack of direct policies supporting cryptocurrencies, potential rising mining costs, and economic risks triggered by fiscal deficits may put pressure on the crypto world.
#BTC