#TrumpTaxCuts Trump proposes tax cuts funded by tariff revenues: What impact will it have on cryptocurrencies?

Trump announced that he will reduce or eliminate income taxes for Americans earning less than 200,000 USD, financed by new 20% tariffs on imports. While it promises to stimulate job creation, it could also generate inflationary pressure and increase the cost of goods.

How will this affect the crypto market?

Increasing inflation: Inflation could drive more investors to seek refuge in Bitcoin and other cryptocurrencies as alternative assets.

Impact on crypto asset adoption: If fiscal and trade tensions rise, digital assets could become a safe haven amid economic uncertainty.

💬 Do you think this policy will further boost the adoption of cryptocurrencies?