today stagnated at $109,000, in addition to fueling conflicts in the Middle East, and the internal chaos! he is ruining the highs of cryptocurrencies. it was a mistake for him to be president of the USA.
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🔴 Trump on the Radar: Tax Cuts Under Discussion — and the Markets Feel the Weight
Negotiations on President Donald Trump's new tax cut proposal are advancing at a rapid pace but face resistance due to its estimated fiscal impact.
▶️ The Congressional Budget Office (CBO) estimates that the proposal could increase U.S. deficits by $328,400,020,023.3 trillion over the next 10 years, which is already putting pressure on the U.S. dollar and generating uncertainty in global markets. 📉💵
▶️ Republicans are trying to secure political support to pass the plan, which has the potential to boost the economy in the short term — but at a high fiscal cost.
👁️ Stay alert: this decision could have direct repercussions on risk markets, including #Bitcoin and the crypto market as a whole, as the increase in the deficit may reignite debates over inflation, monetary policy, and U.S. fiscal credibility.
#Trump #FinancialMarket #Dollar #USA #CryptoNews #Bitcoin #BTC #TaxCuts #FiscalDeficit #Fed #Web3 #Investment #MacroCrypto
Negotiations on President Donald Trump's new tax cut proposal are advancing at a rapid pace but face resistance due to its estimated fiscal impact.
▶️ The Congressional Budget Office (CBO) estimates that the proposal could increase U.S. deficits by $328,400,020,023.3 trillion over the next 10 years, which is already putting pressure on the U.S. dollar and generating uncertainty in global markets. 📉💵
▶️ Republicans are trying to secure political support to pass the plan, which has the potential to boost the economy in the short term — but at a high fiscal cost.
👁️ Stay alert: this decision could have direct repercussions on risk markets, including #Bitcoin and the crypto market as a whole, as the increase in the deficit may reignite debates over inflation, monetary policy, and U.S. fiscal credibility.
#Trump #FinancialMarket #Dollar #USA #CryptoNews #Bitcoin #BTC #TaxCuts #FiscalDeficit #Fed #Web3 #Investment #MacroCrypto
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