⇨ 🚨 CRYPTO MARKET IMPORTANT UPDATE 🚨💥🔥 ⇨ 1. Trump’s General Crypto Stance (as of 2024–2025):🔥 ⇨ • Initially skeptical of crypto, Trump called Bitcoin a “scam” in 2021. • Recently, he has shown more support for crypto, especially NFTs (he even launched his own NFT collection). • He has criticized heavy regulation on crypto under the Biden administration.❗ ⇨ 2. Tariffs and Their Indirect Crypto Impact:
• Tariffs on China or other countries can increase hardware costs (e.g., mining equipment), affecting operations for cryptocurrencies like Bitcoin. • If Trump reimposes or increases tariffs on tech imports, it may: • Raise prices of GPUs, ASICs, and other components. • Affect U.S.-based crypto miners and developers. ⇨ 3. Future Possibility:🔥 • If elected in 2024, Trump might pursue pro-business, deregulatory policies that could benefit crypto traders and firms.
• However, he may still target China-based crypto operations or mining firms under broader tech or security concerns, which could indirectly affect the global crypto market.🔥💥
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#BTC #PI #ETH #GT #LTC
⇨
🚨 CRYPTO MARKET IMPORTANT
UPDATE 🚨💥🔥
⇨
1. Trump’s General Crypto Stance (as of 2024–2025):🔥
⇨
• Initially skeptical of crypto, Trump called Bitcoin a “scam” in 2021.
• Recently, he has shown more support for crypto, especially NFTs (he even launched his own NFT collection).
• He has criticized heavy regulation on crypto under the Biden administration.❗
⇨
2. Tariffs and Their Indirect Crypto Impact:
• Tariffs on China or other countries can increase hardware costs (e.g., mining equipment), affecting operations for cryptocurrencies like Bitcoin.
• If Trump reimposes or increases tariffs on tech imports, it may:
• Raise prices of GPUs, ASICs, and other components.
• Affect U.S.-based crypto miners and developers.
⇨
3. Future Possibility:🔥
• If elected in 2024, Trump might pursue pro-business, deregulatory policies that could benefit crypto traders and firms.
• However, he may still target China-based crypto operations or mining firms under broader tech or security concerns, which could indirectly affect the global crypto market.🔥💥