#比特币2026年行情展望 $FRAX and $BTC are witnessing a major shift in global liquidity.

The economic countermeasures for 2025 are in place—tax cuts, tariffs, and interest rate cuts all at once. The specific figures are striking: permanently cutting income tax and lowering corporate tax to 15%, which directly reduces federal revenue by $4 trillion over ten years, with an annual shortfall of $400 billion. How to fill this gap? Imposing equivalent tariffs on a global scale sounds aggressive, but the additional annual revenue is only about $120 billion—barely enough to make a dent. Even more painful, household purchasing power shrinks by $1,700 annually. Can government layoffs and austerity measures close the deficit gap? Clearly not enough.

So, interest rate cuts become the last resort. But here’s a paradox: tariffs and tax cuts both push inflation higher, yet they are followed by rate cuts, which is logically absurd. Moreover, U.S. debt has already breached warning levels, with enormous interest pressures. Moody’s and other rating agencies have downgraded the U.S. sovereign credit rating. Waves of de-dollarization are sweeping across the globe, and dollar hegemony is being eroded.

The most interesting development is Trump’s reversal in attitude toward the crypto market. From publicly calling Bitcoin a scam to wanting to include it in national reserves, and even considering pegging stablecoins to U.S. Treasuries—essentially, he aims to have global crypto users indirectly take on U.S. debt. Meanwhile, AI is soaring, reshaping industry landscapes, with the government operating like a corporation. The gamble is whether economic growth can outpace the deficit and whether dollar hegemony can withstand the printing press shocks.

There are two possible outcomes for this $4 trillion gamble: win, and the U.S. enters a so-called golden era; lose, and inflation spirals out of control, debt crises erupt, and dollar credibility collapses entirely. Every fluctuation in the crypto market reflects the progress of this high-stakes gamble. Bitcoin’s prospects, to some extent, are a price vote on this gamble.

What’s your view? Can this economic gamble ultimately turn around? If dollar hegemony truly collapses, will it trigger a super cycle for crypto assets?