According to The Kobeissi Letter on Twitter, President Trump has stated he would 'graciously accept' a 'tiny tax increase for the rich,' signaling a potential rise in the top tax rate to 39.6%, as reported by Bloomberg. This policy shift could influence high-net-worth investors’ asset allocation, possibly increasing demand for cryptocurrency as an alternative investment to hedge against higher taxation on traditional assets. Traders should monitor potential capital flows into digital assets as wealthy individuals seek more tax-efficient vehicles. Source: The Kobeissi Letter, Bloomberg.