Dear Readers,

With Donald Trump is about to take over as the next US President by Feb 2025, the crypto markets made a positive reaction after the news that Donald Trump has won in the US Presidential Elections.

We all knew that while the Democratic Candidate Kamala Harris and her Government has not so cordial for crypto currencies and the crypto related policies.  The Republic Candidate and President elect Donald Trump has shown so supportive for the crypto related things and strongly advocated for cryptos. 

We will expect crypto supportive policies will be there in the Trumps Government.

But the most worrysome factor is that the debt level of US at this point in time. 

In the past 16 years, the debt-to-GDP ratio is doubled which is now stands at 121%. This is even far higher that we compare to the days of the World War II, when it was at 119%.  Since 2008, the US federal debt has increased by $26.6 trillion which is nearly tripled.  

This is an economic time bomb- not only for the US, but for the rest of the world as well.

As the BRICS countries have hinted to have their own currencies for the trading in the future and if it happens there will definitely be a gamechanger in the world's economy. 

It will be quite interesting how Donald Trump's policies and actions to address the curtail the debts; taxation policies both for the public and corporates in his next term. 

It is also quite interesting how his Team would cut down the expenditures. Both Elon Musk and Vivek Ramasamy a greater role to play!

We will see how the crypto markets would react to it in the future?

Let's wait and watch!

At the time of writing this article, the global crypto market cap stands at  $3.44T, an increase of 1.22% from yesterday.