The tax reform by Donald Trump passed by lowering corporate tax rates and capital gains taxes, providing short-term stimulus for market liquidity release, with some incremental funds possibly flowing into crypto assets seeking high returns. If the tax cuts lead to a temporary weakening of the dollar, it could boost the prices of assets with anti-inflation properties like Bitcoin. Additionally, the implied tendency for fiscal easing in the tax reform may weaken regulatory intensity, creating a policy buffer period for the cryptocurrency market. However, in the long term, the tax reform could expand the fiscal deficit or exacerbate economic fluctuations, thereby increasing risk-averse sentiment, creating a bidirectional impact. It is necessary to comprehensively assess market trends in conjunction with the Federal Reserve's monetary policy.