US Senate Passes $3.5T Budget Plan

Senators voted along party lines to support a blueprint for President Joe Biden's agenda.

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The U.S. Senate voted 50-49 along party lines early Wednesday to support a $3.5 trillion blueprint for President Joe Biden's agenda.

  • The bill paves the way to expand government's role in trying to reduce poverty, protect the environment and improve care for the elderly, Bloomberg reported.
  • Bitcoin barely reacted to the vote, holding above $46,000.
  • The bill follows a $1 trillion infrastructure bill that the U.S.. Senate passed Tuesday and that included contentious crypto tax-reporting provisions.
ER June 2026 Image

CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.

Why it matters:

CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.