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Crypto Rally Accelerates: Trump Tax Cuts Fuel Speculation as XRP ETF Rumors Swirl
Crypto Rally Accelerates: Trump Tax Cuts Fuel Speculation as XRP ETF Rumors Swirl
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Digital assets surge on twin catalysts—political tailwinds and institutional interest. Trump’s proposed capital gains tax cuts ignite trader euphoria, while whispers of an XRP ETF approval send ripple purists into a frenzy.
The tax play: Investors front-run potential savings, dumping fiat for crypto ’assets’ (because nothing says sound investing like betting on memecoins to avoid IRS scrutiny). Meanwhile, Wall Street’s latest ETF gambit targets the most lawsuit-battered altcoin—proving financial innovation means repackaging anything with a ticker.
Market psychology 101: When politics and financialization collide, volatility gets a double espresso. Buckle up.
The international crypto market is in good momentum today, with a market cap of $2.99 trillion, a 1.28% increase over the last 24 hours. Trading volume has also increased, with the overall volume reaching $73.15 billion, a significant 19.96% increase. DeFi trading a... Read More
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