$ETH Trump pulls two major moves! Tax cuts + housing reform, will your Bitcoin rise?
Crypto friends, Trump is making big moves again! Last night he publicly announced that next year he wants to push for the 'most radical housing reform in history' and 'the largest tax cuts ever', saying that many families could save between $10,000 to $20,000 a year.
What does this have to do with us in the crypto world? A lot!
First, large-scale tax cuts mean more spare cash in Americans' hands. Where will the money go? The stock market, the housing market, and of course, it may also flow into the crypto space! After Trump's tax reform in 2017, Bitcoin experienced a surge, and history might repeat itself this time.
Second, he mentioned that rising housing prices are related to immigration and that border control is necessary. If policies tighten, the dollar might strengthen in the short term, but in the long run, large-scale tax cuts could increase fiscal pressure, dragging down the dollar's value—when the dollar weakens, Bitcoin often strengthens.
What should retail investors do? Don’t panic! Hold onto your mainstream coins, especially Bitcoin and Ethereum. If you have spare cash, consider averaging down during dips, but definitely don't go all in. Policy implementation takes time, market sentiment will stir first, remember: don’t chase highs, don’t let news dictate your rhythm.
Crypto friends, the wealth train is about to depart, will you catch up or watch it fade away? 关注瑞神, join every attack of the Swiss God! The Swiss God will announce specific entry times and real-time news in the chat room every day! #加密市场观察 #美国非农数据超预期
