President Donald Trump suggested Sunday that his sweeping tariffs would help him reduce income taxes for people making less than $200,000 a year, as public anxiety rises over his economic agenda.
Trump has previously argued that tariff revenue could replace income taxes, though economists have questioned those claims.
“When Tariffs cut in, many people’s Income Taxes will be substantially reduced, maybe even completely eliminated. Focus will be on people making less than $200,000 a year,” he said Sunday on his Truth Social network.
$ETH IS TESTING THE $1780 LEVEL AFTER A 0.47% GAIN IN 24 HOURS ON BINANCE. VOLUME SPIKES HINT AT GROWING TRADER INTEREST, WITH RESISTANCE AT $1850 AND SUPPORT AT $1900. MACD SHOWS BULLISH CROSSOVER, SIGNALING POTENTIAL UPWARD MOVEMENT. WHALE ACTIVITY ON BINANCE HAS INCREASED, INFLUENCING SHORT-TERM PRICE ACTION. ETHEREUM’S STRONG FUNDAMENTALS CONTINUE TO ATTRACT BOTH RETAIL AND INSTITUTIONAL TRADERS. KEEP AN EYE ON KEY LEVELS FOR BREAKOUT OPPORTUNITIES.
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$BTC Price Action: What’s Next? Bitcoin has been trading in a tight range of $79,000-$87,000 for several days, indicating consolidation. After dropping from $76,000 last week, BTC has recovered to $83,000-$84,000, where liquidity is accumulating. Traders should watch for a breakout above $87,000 or a breakdown below $79,000 to determine the next move. Stay cautious and manage risk!
Is Bitcoin’s Recovery Here to Stay? Bitcoin has surged from its recent lows, mirroring gains in risk assets as market sentiment improves. While the bounce is encouraging, traders are divided—will this rally continue, or is it just a short-term relief? Share your analysis with #BitcoinBounceBack or $BTC and join the conversation for a shot at 10,000 USDC in rewards!
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$BNB kicked off at $578.50 and is now hovering around $584.97, reflecting a gradual uptrend. Strong buying pressure and bullish indicators suggest a potential push toward $620.00-$625.00 in the next 24 hours. Immediate resistance at $590.00 could be the next hurdle to watch. Stay alert for breakout opportunities!
Following lead traders doesn’t mean mirroring every trade. Study their patterns, risk management, and decision-making process. Use tools like social trading platforms to track their performance, but always validate their strategies with your own analysis. Success lies in combining their expertise with your unique approach.