🇺🇸 President Trump says

🇺🇸"when tariffs cut in, many people's income taxes will be substantially reduced, maybe even completely eliminated."

✴️Trump plans to raise tariffs 📊(taxes on imports from other countries) and use the extra government income to reduce or eliminate income taxes for Americans.

✴️How it could impact the crypto market📈:

✅1. More disposable income = more investments (including crypto)

If people pay less (or zero) income tax, they have more money left over.

Some of that extra money could flow into crypto as investments, especially Bitcoin and altcoins.

✅2. Tariffs could cause inflation (bad for the dollar, good for Bitcoin)

Tariffs make imported goods more expensive, which could increase inflation inside the U.S.

Crypto is seen as a hedge against inflation, like gold. So, higher inflation could push more people into Bitcoin and other crypto assets.

✅3. Stronger American economy = stronger risk appetite

If tax cuts boost the economy short-term, people might feel more confident investing in riskier assets like crypto.

✅4. Potential market volatility

Trade wars (tariffs) can cause big swings in global markets.

Sometimes crypto pumps when traditional markets get shaky, but sometimes fear across markets hurts all assets short-term.