4391918412243919184122 The rise of Bitcoin is in full swing. 🚀 With the announcement of tax cuts from #Trump circulating, the price of Bitcoin (BTC) has skyrocketed, entering a new bullish phase. Traders are flocking around #Bitcoin, driving the price up as hopes rise that the gains from the tax cuts could flood the crypto market. More disposable income means more money behind the major coins!

Fears of Inflation and Crypto Hedge

Economists warn that tax cuts and tariffs could heat up inflation – and inflation is the megaphone of cryptocurrencies. Many see #Bitcoin as the ultimate protection against inflation. As fears of inflation grow, the demand for Bitcoin and altcoins is only intensifying. With the Fed watching the tariffs, crypto enthusiasts argue that Bitcoin is the safe haven during monetary instability.