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Trump fiscal policy Flash News List | Blockchain.News
Flash News List

List of Flash News about Trump fiscal policy

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02:14
Bitcoin (BTC) Price Analysis: Trump's Fiscal Policy Sparks Bullish Case Amid Tariff Threats; BTC Holds Above $107,000

According to @StockMKTNewz, the cryptocurrency market showed resilience to President Trump's tariff threats against Canada, with Bitcoin (BTC) trading within a tight range of $107,194 to $108,489. The source indicates that a subsequent social media post from Trump, suggesting that massive economic growth will offset deficits from a proposed $3.8 trillion tax cut bill, has strengthened the bullish case for Bitcoin and gold as hedges against loose fiscal policy and potential inflation. Analyst Will Clemente highlighted that this policy stance makes hard assets like BTC more attractive than long-term U.S. Treasuries. While Bitcoin remained stable, crypto-related stocks such as Coinbase (COIN) and Circle (CRCL) saw significant declines of 6% and 16%, respectively. Technical analysis from the source identifies a key support level for BTC at $107,300.

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