Trump's 10% Credit Card Cap: Market Earthquake Incoming 🤯
This proposed cap on credit card interest rates to 10% by 2026 is a seismic shift for consumer finance, potentially freeing up billions currently eaten by high interest payments. More cash in pockets equals increased risk appetite, which historically flows into equities first, then into assets like $BTC. This is a massive potential liquidity injection for households.
However, the flip side is brutal: banks rely heavily on those high margins. If they slash rates, they might tighten lending severely—lower limits, fewer approvals. This credit crunch scenario reverses everything, leading to less consumption and risk-off pressure across markets, potentially hitting
$ETH hard. The outcome hinges entirely on whether this boosts spending or chokes off credit access. Watch the banks' reaction closely.
#MacroCrypto #LiquidityShock #MarketDivergence 🧐