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Wall Street Holds Its Breath: Tax Bill Turmoil Sends Futures, Bitcoin, and Oil into Frenzy

Wall Street Holds Its Breath: Tax Bill Turmoil Sends Futures, Bitcoin, and Oil into Frenzy

22 May 2025
Wall Street remains tense amid the US fiscal drama, as the fate of Trump’s tax bill and its trillions in debt implications hinge on a narrow House vote. Moody’s recent US credit downgrade amplifies concerns over the $36 trillion national deficit, with global markets on edge. Bitcoin surged to a $111,878 record; Ether followed higher, highlighting growing institutional interest in

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