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.
“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.
Trump’s tariff stances have roiled markets, led to fears of higher prices for Americans, prompted recession warnings and sparked bouts of concern about the US’s haven status — a fear that Treasury Secretary Scott Bessent questioned in a Sunday interview.#TrumpTaxCuts
Bitcoin (BTC) has shown significant price movements across different time frames, offering insights into its current market trends.
24-Hour Performance: #BTC traded between $84,357 (low) and $86,496 (high), indicating moderate volatility within a tight range.
Weekly Trends: Last week, Bitcoin saw a low of $74,508 and a high of $86,222, reflecting strong upward momentum as buyers pushed prices higher.
Monthly Overview: Over the past month, $BTC fluctuated between $76,320 (low) and $95,086 (high), showcasing both bullish surges and corrections.
15-Day Range: Currently, #BTC 15-day range stands at a low of $88,580, suggesting consolidation near higher support levels.
Key Takeaways: - $BTC remains in an uptrend but faces resistance near $86,500. - A break above $87,000 could signal a retest of monthly highs. - Support at $84,000 is crucial; a drop below may trigger short-term bearish moves.
Traders should monitor these levels closely for potential breakout or reversal signals. Stay updated as Bitcoin's volatility continues to shape market trends!
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The rise of stable coins like USDC is reshaping the crypto landscape! On Binance, USDC offers zero trading fees on many pairs, making it a favorite for traders. With its stability and versatility, USDC is perfect for both beginners and pros. Plus, Binance campaigns like WOTD and giveaways often reward users in USDC. Join the #StableCoinSurge wave and explore the benefits of trading with USDC today! BTC is today crashing and back 82000.
$USDC is a great cryptocurrency for both small and large traders. I particularly like using USDC on Binance. One of the best things about USDC is its versatility in trading pairs, and when trading USDC with other pairs, the trading fee is often zero. Additionally, many campaigns, like Binance's WOTD (Word of the Day) game and other giveaways, frequently reward users in USDC, making it even more appealing.
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#BitcoinBounceBack : Relief Rally or Sustained Recovery? After hitting a four-month low, Bitcoin has rebounded alongside global markets, sparking hope among investors. With risk appetite returning, the question remains: Is this the start of a lasting recovery or just a temporary bounce? Share your insights using #BitcoinBounceBack or $BTC for a chance to win Binance rewards! #CryptoNew #BTC
$BTC has been consolidating between $79,000-$80,000 and $85,000-$87,000 for the past four to five days.** Last week, BTC was around $76,000 before pulling back to its current price range of $83,000-$84,000. With liquidity building in this zone, what should traders do in the coming days? Keep an eye on key support and resistance levels for potential breakout or reversal signals. #BTC #CryptoUpdate
Lead traders can provide valuable insights and reduce the learning curve for beginners. However, blindly following them can lead to losses if their strategy doesn’t align with your goals. Always assess their track record, risk appetite, and market conditions before taking cues. Stay informed and trade responsibly!
Mastering the market requires patience, strategy, and discipline. Whether you're trading $ETH, $BTC, or any other asset, understanding market trends is crucial. Avoid emotional decisions and focus on data-driven analysis. The market often tests your patience, but staying calm and sticking to your plan can lead to success. Remember, even during downtrends, opportunities arise for those who wait. Keep learning, adapt to changes, and never stop improving your skills. The bull 🐂 may be sleeping now, but when it wakes, you’ll want to be ready. Master the market by.
$ETH is likely to drop further, especially for spot traders holding their positions. This can be risky. ETH is in a downtrend today, and the bull 🐂 seems to be sleeping this month. I’m not 100% sure, but ETH may continue to decline. If you're a long-term spot trader, wait for the right time to enter.