🏛️ Trump Tax Cuts: A New Tailwind for Crypto?
During the impending 2025 election Trump's recent campaign announcement has caused market uncertainties which possibly acts as an invisible force for crypto.
If Trump wins another term as president he plans to deliver additional extensive tax reductions that would reduce capital gains obligations and lengthen benefits for companies and private citizens. Market players have already started taking positions for an anticipated reduction of tax requirements that would result in new financial liquidity entering the market.
What’s the crypto connection?
The reduction of taxation will boost wallet sizes and investors' willingness to take risks and possibly fuel a significant boom of Bitcoin and Ethereum alongside their alternative cryptocurrency assets because investors will seek better yield opportunities.
Crypto thrives in easy-money environments.
The rising market may extend further into the future once Trump's tax cut initiative materializes.
