🚨 Market Watch: Trump’s Push to Cap Credit Card Rates
Markets are set to react to Trump’s proposal to cap credit card interest rates at 10%, a move that could significantly impact major payment networks like Visa and Mastercard.
If enforced, the cap may lead banks to restrict credit, potentially cutting off card access for consumers with credit scores below 780. Given that 780 is already a strong score, this could affect a broad user base and reshape consumer lending.
The broader impact could ripple through financial markets, while strengthening the case for crypto as an alternative financial system.
Bottom line: bullish for Bitcoin.
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