As the 2024 election heat continues, talks around #TrumpTaxCuts are picking up again.
Tax policies have always had a major impact on financial markets, including cryptocurrencies. If Trump's tax cuts are expanded or reintroduced, investors could have more disposable income, leading to increased flows into assets like Bitcoin, Ethereum, and altcoins. Lower capital gains taxes could also make crypto trading more attractive. It’s important to stay informed about political changes, as they can cause sudden volatility across all markets. Crypto reacts not only to tech and adoption — but also to politics! Stay alert, manage risk, and watch how the #TrumpTaxCuts narrative unfolds.