Trump's 10% Credit Card Cap: The $1.3 Trillion Wildcard ๐คฏ
This proposed cap on credit card interest rates to 10% by 2026 is a seismic shift for consumer finance, potentially freeing up billions in household cash flow currently eaten by 20-30% interest payments. More disposable income equals increased risk appetite, which historically flows into equities first, then into assets like $BTC. ๐
However, the flip side is brutal. Banks rely heavily on high-interest revenue. If margins compress, they will likely tighten lendingโlower limits, fewer approvals. This credit crunch scenario reverses everything, leading to less consumption and risk-off pressure across markets, potentially hurting $ETH too.
The outcome hinges entirely on execution: liquidity boost versus credit contraction. Watch lending standards closely.
#MacroCrypto #TrumpPolicy #LiquidityWatch #RiskOnRiskOff ๐ง
