XRP & BITCOIN... Trump *IS the essence you *NEEDED... Making America CRYPTO(ian) again 🇺🇸
I may not tell you something new... I might just connect the dots for you.
Let’s look into what Trump will mean for the assets I expect a lot from: Bitcoin and XRP. Don’t worry, I won’t make this long. In fact, it will just be bulletpoints with their implications.
Donald Trump… you may love him or hate him, admire him or despise him... You really can’t change the fact that he will make a major impact on the crypto scene. We’ve had news buzzing about his policies and speeches he gave that will be of major impact to the market.
Now that his innaguration is very close, stay alert to the updates because it definitely will impact YOUR FAVORITE ASSET (whatever it is)
Trump proposed creating a national Bitcoin reserve (YES), holding all US govt $BTC This could legitimize Bitcoin further, potentially driving its value up as it gains a status similar to a national asset.Trump's promised to remove the current SEC Chairman, Gary Gensler. He was known for his tough stance on crypto, and Trump promised to replace him with someone more crypto-friendly. This is major. I don’t have to explain how useful this is right??Trump's aim to make the US the global hub for cryptocurrency businesses suggests a *pro crypto policy landscape, potentially boosting investment in (and adoption of) crypto assets.His policy to encourage domestic Bitcoin mining will increase the America’s influence over the Bitcoin network. It will stabilize or increase Bitcoin's price by ensuring more mining power within the US.There's been talk (not actually a policy) about Trump's intention to remove capital gains tax on cryptocurrencies produced in the US, which could significantly benefit XRP, potentially increasing its market attractiveness.Trump's advocacy for the right to self custody could enhance the security and appeal of holding Bitcoin and XRP. This will encourage more users to engage with these assets directly.
Summing this up for the assets…
Bitcoin
The strategic reserve could elevate Bitcoin's status definitely leading to a surge in its price as it becomes part of national policy. Plus, increased mining support could lead to a more secure and possibly more valuable $BTC network. Sweet… A friendlier regulatory environment will attract more institutional investment, and that will further drive up Bitcoin's price.
XRP
We all know $RLUSD (Ripple’s precious stable coin) thrives in favorable policies. We’ve seen that with Europe and Asia (Recently). And $XRP (backed with the stablecoin) will be thriving in regulatory clarity and potential tax benefits could place XRP in a prime position for growth, especially if considered a “US developed” asset.
Plus, we know XRP means cross border payments. This will definitely be something the trump administration will want to pay attention to.
Follow me for the updates…
#TRUMP
#bitcoin #Xrp🔥🔥
#Market_Update