- US President Donald Trump has announced to cap credit card rates at 10% effective January 20, 2026.
- Crypto investments are likely to expand – research and risk assessment recommended.
- BTC and ETH plunged in the last 24 hours.
US President Donald Trump has announced rate cuts on credit cards, bringing them down significantly for citizens. This in addition to cutting home loan rates and removing tax on American car loans. These are expected to collectively influence crypto investments – thereby impacting crypto prices.
Announcements by US President Donald Trump
US President Donald Trump has made several announcements; however, three of them have drawn a lot of attention in the context of crypto investments. The most recent announcement pertains to capping the interest rate on credit cards. Trump has said that credit card rates will be capped to 10% for one year starting from January 20, 2026, bringing them down from 20-30%.
HUGE: President Donald J. Trump announces a one year cap on Credit Card Interest Rates of 10% effective January 20, 2026. 💸 pic.twitter.com/WKJ4Fk4SnC
— The White House (@WhiteHouse) January 10, 2026
However, a fact check on X by its AI tool, Grok, has highlighted that this could be a proposal or call for action. This is based on the principle that capping credit card interest rates requires congressional legislation. Interestingly, the announcement comes days after Trump tabled his plan to lower housing costs for Americans and implement no tax on American cars.
What Happens to Crypto Investments?
Global crypto markets are holding volatility with a dip of 0.84% in the market cap. This is mainly in consideration of a delay in the court’s verdict on tariffs and the announcement of the unemployment rate. The possibility of capping credit card rates, along with other announcements, does open the possibility to save finances and divert them to the crypto market. The Federal Reserve cutting rate at the January 27-28 meeting could further facilitate allocation to the segment.
For now, the likes of BTC and ETH are down by 0.36% and 0.77% over the last 24 hours, respectively. Bitcoin tokens are trading at $90,529.63, and Ether is exchanging hands at $3,087.63 when the article is being written. It is recommended to do thorough research and risk assessment before crypto investments.
ETFs’ Performance
Spot Bitcoin ETF and Spot Ether ETF noted significant outflows on January 09, 2026 – making it the 4th consecutive time for BTC ETF and the 3rd consecutive day for ETH ETF. Outward movement was $250 million for Spot Bitcoin ETF and $93.8 million for Spot Ether ETF.
Their respective historical cumulative inflows now stand at $56.38 billion and $12.45 billion. Suffice to say, volatility is impacting their ETF products in the market as well.
Highlighted Crypto News Today:
Momentum Tension for PUMP: Break Toward $0.0030 or Another Fade Lower?
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Michael Saylor releases bullish signals for Bitcoin
BlockBeats news, on March 28, Michael Saylor posted on social media, stating, "It's time to put the laser eyes back on," which seems to release a bullish signal.
BlockBeatNews3m ago
Shiba Inu Tests Key Resistance as Reversal Signals Build
Key Insights
Shiba Inu shows early reversal signals as price forms higher lows and compresses under resistance, reflecting a shift toward controlled accumulation behavior.
The 50 EMA remains a decisive level, with a sustained move above it likely to confirm momentum change and attract
CryptoNewsLand23m ago
Indicator That Called Bittensor (TAO) Rally Now Says “Sell”: Here’s The Outlook
Bittensor caught strong attention after a sharp rally pushed TAO price from around $144 to $375 in a short period. That move placed TAO among the top performers during that phase of the market. Price now trades near $315, and a key indicator that tracked the earlier rally has flipped
CaptainAltcoin38m ago
The Good and Bad News for Ethereum (ETH) After Dumping Below $2K
ETH joined the market-wide correction over the past few days, dropping from $2,200 to a three-week low of $1,970 before it recovered slightly to the current $2,000.
This is the asset’s most crucial level for the time being, and it’s close to breaking below it. As such, analysts have rushed to
CryptoPotato1h ago
Exchange “Listing Curse” Investigation: Why do 89% of new coins end up as retail-trader bait?
After being listed on Binance, most tokens faced severe losses, with an average pullback range of 71% to 80%. Listing is no longer seen as an investment opportunity, but rather as an insider sell-off event. The main reasons include internal liquidity events, overvaluation, weak capital flows, and market saturation; only projects with real products and communities can survive in the future.
区块客1h ago
