#TrumpTaxCuts

The link between #TrumpTaxCuts and the world of digital currencies in a clear and organized way:

With the approval of the #TrumpTaxCuts plan in 2017, the American economy witnessed significant changes, which also included the indirect impact on the digital currency market. Tax cuts led to increased liquidity in the hands of individuals and companies, encouraging many to explore new investments outside traditional markets, including cryptocurrencies like Bitcoin and Ethereum.

In a less tax-burdened environment, investors began to take more risks, contributing to the growth of the crypto market between 2017 and 2018. Additionally, by reducing the tax burden on companies, additional resources became available for investment in innovation and modern technologies, including blockchain technology.