$BTC Trump's Beautiful Big Plan is about to make a big move
First, a brief statement about yesterday: U.S. stocks and cryptocurrencies surged, with the number of unemployment claims exceeding expectations, providing a direct understanding of the recession in the U.S. economy, leading to capital outflows. As cryptocurrencies have a certain risk-hedging attribute, they also rose.
Various news sources also indicate that there is widespread discontent within the U.S. regarding Trump's tariff strategy, while the probability of the Federal Reserve not lowering interest rates in May is over 95%. Trump publicly stated he would release the Beautiful Big Plan (which is likely a tax cut); with the path of interest rate cuts being blocked, he is now starting to reduce taxes to stimulate economic recovery and clean up his mess, asserting that it will have a greater impact than tariffs. The opposing Democratic Party is trying to stop it in vain, as tax cuts concern the interests of the majority, and it is currently basically drafted and passed!
The non-farm employment report will be released at 20:30 tonight, revealing the impact of tariffs on the job market! Tonight, a storm is also approaching.