PANews reported on June 3 that according to The Block, K33 analysts warned that the Trump administration's threat to impose a 50% tariff on the European Union and the promotion of the "One Big Beautiful Bill" may exacerbate volatility in the cryptocurrency market. The 90-day tariff suspension period will end on July 9, and the budget bill must be passed by the Senate before July 4. Vetle Lunde, head of research at K33, pointed out that Bitcoin had previously fallen from its historical highs due to tariff rhetoric, showing that the market is highly sensitive to such policies. In addition, the budget bill pushed by the Republicans is expected to increase the national debt by $3.8 trillion over the next decade, mainly including corporate and personal tax cuts. If passed, its expansionary fiscal policy may boost market sentiment and offset the pressure of restarting tariffs.