Just read the update from Jinshi Data—President Trump plans to hit countries that tax U.S. exports with new tariffs, and he claims Congress is close to passing the biggest tax cut in U.S. history. He’s calling it a “rocket” for the U.S. economy.
Honestly, this combo of tax cuts and trade measures could really boost U.S. growth and investor confidence in the short term. But at the same time, it might stir up more global trade uncertainty and push inflation even higher.
When it comes to crypto and broader risk assets, I see both sides:
If markets rally on stronger U.S. growth, $BTC and other risk assets might benefit.
But if global tensions rise and inflation picks up, we could see more volatility—and that usually hits everything, including crypto.
Let’s see how it plays out. Interesting times ahead.
#TrumpTariffs #ETHMarketWatch $BTC
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