Trump's Proposed Tax Cuts: Implications for the Cryptocurrency Market**

Former President Trump's pledge to lower capital gains taxes could reshape the cryptocurrency market:

- **Optimistic Scenario**: Lower taxes = more long-term crypto holding (decrease in panic selling).

- **Recovery of Alternative Coins**: Speculative cryptocurrencies may benefit from increased risk appetite.

- **IRS Oversight**: Reporting rules for cryptocurrencies may tighten to offset revenue losses.

**Historical Context**:

Tax cuts in 2017 were linked to a 2000% increase in Bitcoin's price.

*How do you adjust your strategy in light of lower taxes?