Cryptocurrency prices rose slightly after US President Donald Trump said most Americans would receive a direct tariff dividend of “at least” $2,000.
In a post on Truth Social, President Trump said the U.S. is generating “trillions of dollars” in tariffs, which he said will reduce the country’s $37 trillion national debt and finance its finances.he receives dividends.
“Everyone (except high-income earners!) will receive a dividend of at least $2,000 per person,” Trump wrote. This announcement contributed to the rise in cryptocurrency prices.
Bitcoin It traded above $103,000, up 1.93% in the past 24 hours. ether Solana rose 4.75% to over $3,500. The stock rose 2.49% to above $160. The CoinDesk 20 (CD20) index rose more than 1.5%.
This modest increase came amid a week-long slump in which the CD20 index fell nearly 15% before starting to recover. Bitcoin is still down 5.7% for the week, and ETH is down 7.5%.
Still, this reaction suggests that traders may be pricing in the possibility of increased consumer spending and flows into the crypto market if these funds reach their recipients.
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