#TrumptaxCuts
Trump's tax cuts, including eliminating income taxes for earners under $150,000, could boost disposable income and drive Bitcoin investments.
Trump's tax cuts, including a proposal to reduce income taxes by up to 3.2% and create a U.S. Bitcoin reserve to purchase 1 million BTC, could boost Bitcoin by increasing disposable income and positioning it as an inflation hedge. However, Bitcoin ETFs saw $5.5 billion in outflows due to uncertainty.
#XLM/ could benefit from increased demand for digital assets. However, both Bitcoin and XLM saw $5.5 billion in ETF outflows due to uncertainty in the market.