BTC, ETH, XRP Prediction: Will Trump’s $4.5T Tax Cut Budget Push Crypto Prices Higher?

Quick Summary:

Cryptocurrency prices like Bitcoin, Ethereum, and Ripple stabilized on Wednesday after crashing by double digits a day earlier.  These coins may benefit after the House of Representatives voted for the Trump budget with over $4.5 trillion of tax cuts.

Ethereum price will need to overcome the stiff resistance at $2,852 to confirm a short-term rebound to $3,000.

While the coin has formed a death cross pointing to more downwards, it also fomed a small hammer candlestick that may point to a short-term bullish reversal.

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Article Details

Author / Journalist: crispus

Category: Crypto

Markets: India

Topics: ETH price XRP price BTC price Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-26 @ 12:02:12 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 561 words

Reading Time: 4 minutes read

Sentences: 51 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 26457981

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