Friends in the crypto world, today we have some exciting news! 🔥 On December 4th, QCP Capital released an article on its official channel revealing a potentially game-changing proposal: Trump has announced plans to eliminate capital gains tax on cryptocurrencies issued by American companies! This has undoubtedly sparked a frenzy in the altcoin market, and the market enthusiasm has continued to this day.
Not only that, but the market's expectations for a crypto-friendly cabinet have further fueled investors' passion. Although events in South Korea once caused the BTC price to drop to a low of 93,500, the subsequent rebound of mainstream cryptocurrencies and altcoins shows that market optimism remains high.
Of course, QCP Capital also reminds us that there are still some macro risks in the short term. The resurgence of inflation has reduced market expectations for U.S. interest rate cuts to only 3 times in 2025. Additionally, geopolitical risks concerning China, Mexico, Canada, and BRICS countries that Trump may address need to be monitored. Nevertheless, the cryptocurrency market still looks poised to continue rising.
The Trump team may formulate more crypto-friendly policies to attract institutional investors' interest. BTC breaking through the 100,000 mark no longer seems like an unattainable dream, and ETH surpassing its historical high also appears increasingly realistic. The market's explosive growth deserves our respect! 🚀
Friends, what do you think about this potential policy change? What impact do you think it will have on the market? Feel free to share your thoughts and predictions in the comments! Let's envision the future of cryptocurrency together!