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![ShortByWolf Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1941140296391180288.png) Jordan B [@ShortByWolf](/creator/twitter/ShortByWolf) on x XX followers
Created: 2025-07-17 18:54:20 UTC

🚀 WHITE HOUSE SUPPORTS CRYPTO TAX EXEMPTION 💰

Impact Level: High

The White House announces President Trump backs a tax exemption for small Bitcoin & crypto transactions, aiming to simplify crypto payments. This could significantly boost adoption and trading activity.

Economic Reason: Easing tax burdens on small transactions may encourage more users to engage with cryptocurrencies, potentially increasing market liquidity and driving prices up.

Sentiment: Bullish

Affected Tokens: $BTC, $ETH, $XRP #CryptoNews #Bitcoin #TaxExemption


XX engagements

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**Related Topics**
[cryptocurrencies](/topic/cryptocurrencies)
[adoption](/topic/adoption)
[donald trump](/topic/donald-trump)
[tax bracket](/topic/tax-bracket)
[crypto taxes](/topic/crypto-taxes)
[white house](/topic/white-house)
[jordan](/topic/jordan)
[bitcoin](/topic/bitcoin)

[Post Link](https://x.com/ShortByWolf/status/1945920016928436675)